WorksheetsNet Worth the Quiz
Total questions: 8
Worksheet time: 4mins
Property owned by a person or company, regarded as having value is an __________
asset
liability
net worth
pizza
The difference of what you own and what you owe (the difference between assets and liabilities)
asset
liability
net worth
coconut
Assets=$20,000
Liabilities=$50,000
What is the net worth?
$80,000
- $80,000
$30,000
- $30,000
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
How can you INCREASE Net Worth? (Check all that apply)
Increase Assets
Decrease Liabilities
Decrease Assets
Increase Liabilities
Which of the following is an asset?
mortgage
school loan
jewelry
credit card bill
