Net Worth

Property owned by a person or company, regarded as having value is an __________

• asset

• liability

• net worth

• pizza

Tags

CCSS.L.3.4D

CCSS.L.6.4C

CCSS.L.7.4C

CCSS.L.8.4C

CCSS.L.9-10.4C

The difference of what you own and what you owe (the difference between assets and liabilities)

• asset

• liability

• net worth

• coconut

Tags

CCSS.6.NS.C.5

A thing for which someone is responsible, especially a debt or financial obligation is a _____.

• asset

• liability

• net worth

• bacon

Tags

CCSS.RI.5.10

CCSS.RI.6.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.9-10.4

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

Charlie's net worth is -$35,354.  Which of the following is true?

• He has a positive net worth which means his assets are greater than his liabilities. 
• He has a positive net worth which means his liabilities are greater than his assets.
• He has a negative net worth which means his liabilities are greater than his assets.
• He has a negative net worth which means his assets are greater than his liabilities 

Tags

CCSS.7.NS.A.1B

Abby lives in a home worth $115,000. She has a loan of $98,000 and has a credit card balance of $2,300. She has a car that is worth 5,800. She also has a checking account with a balance of $900 and $300 in gift cards. What is Abby's net worth?

• 127,200

• 105,500

• 232,700

• 21,700

Tags

CCSS.7.NS.A.3

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

• $16,840

• $50,850

• $34,010

• $67,690

Tags

CCSS.7.EE.B.3

Jane's total assets are $8,794. Her liabilities are $2,670 in credit card debt and $3,622 for a student loan. What is her net worth?

• $6,124

• $15,086

• -$4,328

• $2,502

Tags

CCSS.7.NS.A.3