The difference between total assets of a firm and its total

The difference between total assets of a firm and its total liabilities is called

net liabilities.

net current assets.

net working capital.

net worth.

a.

net liabilities.

b.

net current assets.

c.

net working capital.

d.

net worth.

Solution

Answer: D

The difference between total assets of a firm and its total liabilities is called Net Worth. It is also called book value or shareholders\' equity.

The difference between total assets of a firm and its total liabilities is called net liabilities. net current assets. net working capital. net worth. a. net li

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