Net worth Quiz 7.13C

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

Phillip created the net worth statement shown. Based on the information in the statement, what is Phillip's net worth?

• $184,500

• $41,500

• $-\text{}$ $71,500

• $-$ $41,500

Tags

CCSS.7.NS.A.1B

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

Emily created the net worth statement shown. Based on the information in the table, what is Emily's net worth?

• $107,550

• $87,025

• $20,525

• $128,075

Tags

CCSS.7.EE.B.3

Assets-Liabilities=

• assets

• expenses

• net worth

• savings

Tags

CCSS.7.NS.A.1B

Assets=$20,000

Liabilities=$50,000

What is the net worth?

• $80,000

• - $80,000

• $30,000

• - $30,000

Tags

CCSS.6.NS.C.5

Bills and Loans are examples of ________?

• Assets

• Liabilities

• Net worth

• Pickles

Tags

CCSS.6.NS.C.7C