Net Worth

Which of the following is considered an asset?

• credit card debt
• savings
• car payoff
• student loan

Tags

CCSS.6.NS.C.7C

Net worth is found by

• subtracting expenses from income
• dividing monetary assets by current liabilities
• subtracting liabilities from assets
• dividing monthly debt by monthly income

Assets=$20,000

Liabilities=$50,000

What is the net worth?

• $80,000

• - $80,000

• $30,000

• - $30,000

Tags

CCSS.6.NS.C.7C

Bills and Loans are examples of ________?

• Assets

• Liabilities

• Net worth

• Pickles

Tags

CCSS.6.NS.C.7C

Based on the chart above, what is the Net Worth?

• $16,840

• $50,850

• $34,010

• $67,690

Tags

CCSS.7.EE.B.3

Based on the chart above, what was the net worth?

• $64,020

• $19,750

• $83,770

• $103,520

Tags

CCSS.7.EE.B.3

The table below shows Claude's assets and liabilities.  What is the total value of his liabilities?

• $24,950
• -$24,520
• $25,420
• $50,370

Tags

CCSS.6.NS.C.5

The table below shows Claude's assets and liabilities.  What is the total value of his assets?

• $24,950
• $25,420
• -$24,950
• $50,370

Tags

CCSS.7.EE.B.3