0
Assets(minus)lliabilities=Owner equity
Wiki User
∙ 14y ago
Anonymous
Net Worth
Add your answer:
Earn +20 pts
What is net income assets minus liabilities or revenues minus expenses?
Net Income is revenue minus expenses. Assets minus liabilities is Net Worth.
Net Invested Assets minus Net Invested Liabilities is equal to?
net working capital
Assets equal liabilities?
Yes assets are equal to liabilities. As liabilities are source of financing either inform of equity or inform of debt. With help of liabilities (equity+debts) assets are financed.
Is Net worth is the difference between your assets and your liabilities?
Yes - it's the sum of your assets minus the sum of your liabilities.
What is personal worth?
That would be your assets minus your liabilities.
What is personal net worth?
That would be your assets minus your liabilities.
William Peterson net worth?
His assets minus his liabilities.
Why liabilities is equal to assets?
Liabilities are been responsible for something. Assets is been able to own something.
Why assets equal to liabilities?
Liabilities are been responsible for something. Assets is been able to own something.
Is owners equity equal to the business liabilities less the business assets?
No. Owners Equity is equal to Business Assets less Business Liabilities.
How do you figure total equity if give assets debt sales and profit margin?
Answer:The accounting equation (or business equation) states that total assets equal total liabilities plus equity. To figure out equity, you need to know total assets as well as total liabilities. Assuming there are no liabilities other than debt, equity equals assets minus debt.
What is the company's assets minus its liabilities called?
Equity or net worth
