2007-07-24 14:31:58 · 7 answers · asked by Satine M 1 in Business & Finance ➔ Other - Business & Finance
it is how much you have less how much you owe.
For instance:
If you have 1.5 million in cash and assets and you owe half a million in debt. Then your net worth is a million.
2007-07-24 14:37:31 · answer #1 · answered by Kathy H 3 · 0⤊ 0⤋
Net Worth: The excess of the value of assets over liabilities.
2007-07-24 21:41:31 · answer #2 · answered by Peach PIe 4 · 0⤊ 0⤋
Net worth is refer to net capital employed plus the future earnings. Normally we will take 3 years earnings. Net Captal employed is total assets less total liabilities.
2007-07-24 21:41:42 · answer #3 · answered by bobbytanbt 3 · 0⤊ 0⤋
Your net worth is the value of all of your assets, minus the total of all of your liabilities. Put another way, it is what you own minus what you owe. If you owe more than you own, you have a negative net worth. If you own more than you owe you will have a positive net worth.
2007-07-24 21:42:42 · answer #4 · answered by CoffyGirl 2 · 0⤊ 0⤋
Add up the value of everything you own ... car, household possessions, money in the bank, next paycheck
Add up the value of your debts ... car payments, credit card debt, monthly expenses like rent, food, gasoline, taxes, insurance
Subtract your total debts from your total assets.
If you get a positive balance, that is your net worth
2007-07-24 21:39:14 · answer #5 · answered by Al Mac Wheel 7 · 0⤊ 0⤋
add liabilities then add assets subtract liabilities from assets if assets more net worth?
2007-07-24 21:37:54 · answer #6 · answered by granny58 2 · 0⤊ 0⤋
after taxes
2007-07-24 21:34:34 · answer #7 · answered by ♥ Etheria ♥ 7 · 0⤊ 1⤋