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Net Worth/Assets and Liabilities

Authored by Nina (07)

Mathematics

7th - 12th Grade

CCSS covered

Used 4+ times

Net Worth/Assets and Liabilities
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9 questions

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1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which is a Asset?

Sky

Vehicles

Taxes owed

Mortgage debt

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which is a Liability

Bank debt

Shampoo

Cash

Real-estate

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What is the meaning of Asset

To never forget to bring food to school

Something/money that is owned by you/or your company

To subtract

Money you owe to another person or institution

Tags

CCSS.RI.9-10.4

CCSS.RI.9-10.4

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What is the meaning of a Liabillity

Something/money that is owned by you/or your company

Money you should give cass and nina

Money you owe to another person or institution

To add

Tags

CCSS.RI.9-10.4

CCSS.RI.9-10.4

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

How do you find the Net Worth

Add all Assets

Add all Liabilities

Label Assets and Liabillities

Label what are assets and what are liabilities then add them separately and subtract the liabilities from the assets.

Tags

CCSS.7.EE.B.3

6.

MULTIPLE SELECT QUESTION

20 sec • 1 pt

What are some examples of Liabilities.

Short-term loans

Bank account overdrafts

Investments

Interest payable

7.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Media Image

Based on the imagine above what is the Net worth

100,900

26,900

34,010

34,100

Tags

CCSS.7.EE.B.3

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