Untitled Quiz

help you figure out how & where your money is going

• net worth

• budget

• variable expenses

• fixed expenses

• --- decrease in value over time

• liability

• appreciating Asset

• depreciating Asset

• budget

MATCH

• interest

• the debts the company/you own

• equity

• anything that has current or future economic value to a business. positive value towards net worth

• liability

• the value that would be returned to a company's shareholders (socio) if all of the assets were liquidated and all of the company's debts were paid off.

• Asset

• the return on your investment

• ROI

• the price you pay to borrow money or the return earned on an investment

who has their money working for them

which one has a system and people working for them?

the money used to build, run, or grow a business

​ (a)   is the amount of ​ (b)   you make

• income
• money
• asset
• liability
• net worth

Organize these options into the right categories

Groups:

(a) E QUADRANT

,

(b) S QUADRANT

,

(c) B QUADRANT

,

(d) I QUADRANT

• They have money working for them

• wants a system

• They own a system and people working for them

• wants security

• wants money working for them

• wants indenpendence

• They have a job

• They own a job

BALANCE SHEET FORMULA: ​ (a)   +​ ​ (b)   = ​ ​ (c)  

• total liabilities
• total equity
• total assets