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Net Worth

Authored by Luis Paredes

Mathematics

7th Grade

11 Questions

CCSS covered

Net Worth
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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Your total assets are $200,000.

Your total liabilities are 100,000.

What is your net worth?

$300,000

$100,000

Not here.

Tags

CCSS.6.NS.C.5

2.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Which of the following is considered an asset?

credit card debt
savings
car payoff
student loan

3.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

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

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

5.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Media Image

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

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

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

$64,020

$19,750

$83,770

$103,520

Tags

CCSS.6.NS.C.7C

7.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Media Image

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.6.NS.C.5

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