To save you the grief of general and specific calculations, I attached a link from CNN.com that calculates your net worth for you. http://cgi.money.cnn.com/tools/networth/networth.html
2006-12-16 05:17:47
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answer #1
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answered by jynxx25 2
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Net worth is Asset Less Liabilites
List out your assets and liabilites
Some of your assets could be in the form of share or properties which needs to be valued at the market value. Shares you can check the stock exchange rates and for properties you can evaluate thorugh a consultant or look around the general market rate
2006-12-15 17:03:57
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answer #2
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answered by Hari g 2
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Assets minus liabilities = net worth (owner's equity, partnership equity, and shareholder equity). The true value of this equation is generally not really known until you sell your business or dissolve it for the final time because accounting is based on estimates (like historical cost, depreciation, and son on).
You can also do this on a personal level by having your personal assets appraised, combined with your income against your costs and expenses to find out how much you have on a personal level too.
2006-12-15 14:53:39
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answer #3
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answered by Anonymous
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Your assets minus your debts = net worth.
2006-12-15 14:47:59
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answer #4
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answered by Anonymous
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Add up the current market value of everything you own. Bank accounts, stocks, bonds, house, cars, etc. Then subtract everything you owe, mortgage, car loans, credit card debt, etc. The result is your net worth.
2006-12-15 14:51:41
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answer #5
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answered by stlouiscurt 6
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supplies much less Liabilities = fairness historic advice is often used to calculate internet well worth ~ so, no to the salaries, confident to the abode fairness and a "photograph" of what any investments are at any given time
2016-10-05 09:12:53
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answer #6
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answered by ? 4
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All of your assests minus your debt.
2006-12-15 16:11:54
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answer #7
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answered by Mariposa 7
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all of your assets,home car savings etc,minus all of your debt.easy
2006-12-15 14:50:21
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answer #8
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answered by Anonymous
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What you have minus what you owe.
2006-12-15 15:50:56
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answer #9
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answered by Nomadd 7
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very carefully!
2006-12-15 14:52:06
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answer #10
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answered by Anonymous
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