Net Worth

Assets-Liabilities=

• assets

• expenses

• net worth

• savings

Tags

CCSS.6.NS.C.5

Which of the following is an asset?

• mortgage

• school loan

• jewelry

• credit card bill

You can have negative Net Worth.

• True

• False

Tags

CCSS.6.NS.C.7C

Nomar's net worth is $15,354.  Which of the following is true?

• He has a positive net worth which means his assets are greater than his liabilities. 
• He has a negative net worth which means his liabilities are greater than his assets.
• He has a positive net worth which means his liabilities are greater than his assets.
• He has a negative net worth which means his assets are greater than his liabilities.

Tags

CCSS.6.NS.C.7C

What is the total for the assets and liabilities?

• Assets: $84,700

  Liabilities: $25,250

• Assets: $82,500

  Liabilities: $39,450

• Assets: $94,500

  Liabilities: $27,450

• Assets: $96,700

  Liabilities: $37,250

What is the Net Worth of the Smith Family?

• -$18,950

• $283,050

• $18,950

Tags

CCSS.7.EE.B.3

Emily created the net worth statement shown.

Based on the information in the table, what is Emily's net worth?

• $107,550

• $87,025

• $20,525

• $128,075

Tags

CCSS.7.EE.B.3