WorksheetsCh4 Net Woth
Total questions: 14
Worksheet time: 7mins
Property owned by a person or company, regarded as having value is an __________
asset
liability
net worth
pizza
What is another word for house payment?
Wages
Net Worth
Mortgage
Book
The difference of what you own and what you owe (the difference between assets and liabilities)
asset
liability
net worth
coconut
Assets-Liabilities=
assets
expenses
net worth
savings
Assets=$20,000
Liabilities=$50,000
What is the net worth?
$80,000
- $80,000
$30,000
- $30,000
Which of the following is an asset?
mortgage
school loan
jewelry
credit card bill
You can have negative Net Worth.
True
False
A thing for which someone is responsible, especially a debt or financial obligation is a _____.
asset
liability
net worth
bacon
Bills and Loans are examples of ________?
Assets
Liabilities
Net worth
Pickles
The Balance On your Credit Card would be considered a/an
asset
liability
Forbes Magazine measures the wealth by what "magic" number?
Salary
Assets owned
Liabilities paid
Net Worth
Celebrity Net Worth website measures a celebrity's wealth by what "magic" number?
Value of their real estate
Net Worth
Salary earned
Assets owned
What is prepaid insurance considered?
Assets
Liabilities
Net worth
True or False? Net Worth may be a negative number? (Example when assets are smaller than liabilities.)
True
False
