The total value of a person's or entity's assets minus any debts describes:Group of answer choicesincome.savings.wealth.real estate.

A person’s ‘wealth’isGroup of answer choicessomething owned by them.something they owe to someone else.the difference between their assets and liabilities.the same as all their income earned.

Subtracting the debt you owe from the value of your assets provides which measure of wealth?A.Negative worthB.Net worthC.Complete worthD.Gross worthSUBMITarrow_backPREVIOUS

The combined value of everything a person owns is a measure of _____.A.happinessB.incomeC.access to necessitiesD.financial wealthSUBMITarrow_backPREVIOUS

Which of the following best describes your Net Worth? Net Worth is considered to be the value of your assets (things like retirement funds, home value, vehicle value, etc.) minus any liabilities you may have (things like a mortgage, personal loans, etc.).

The common characteristic possessed by all assets is: Group of answer choices long life. great monetary value. tangible nature. future economic benefit.