Answer Posted / vipul sharma
In business, Net worth (sometimes "net assets") is the
total assets minus total liabilities of an individual or a
company. For a company, this is called shareholders' equity
and may be referred to as book value. Net worth is stated
for a particular point in time.
In personal finance, net worth is also used to refer to an
individual's net financial position; similarly, it also
uses the value of all assets minus the value of all
liabilities (debt).
Net worth in business is generally based on the value of
all assets and liabilities at the carrying value, that is,
the value as expressed on the financial statements. To the
extent that items on the balance sheet do not express their
true ("market") value, the net worth will also be
inaccurate.
Net worth in this formulation is not an expression of the
market value of the firm: the firm may be worth more (or
less) if sold as a going concern.
Is This Answer Correct ? | 187 Yes | 34 No |
Post New Answer View All Answers
Expand-------URM
What is money measurement concept
what is Ratio Analysis ?
AN ESTIMATE OF ASSETS AND LIABILITIES ON AGIVEN DATE
what are the payroll procedures?
HOW TO PASTE MORE THAN 8 PO'S (PURCHASE ORDER) IN MM posting?
deffered tax treatment in financial statements
What is ABC Analysis in industrial function. hw can it s maintain ?
What is written off?
What is the working formula for Inventory turnover
A Customer has a MNC which has a Unit in USA , All use Same Operation Chart of A/c but they also want local reporting for USA unit .What should they do ? Optons : Use Group chart of account & Group a/c no * Use Group a/c no & Alternative a/c no.2 Use Country Specific Chart of A/c
I have complited my ERP course in FICO module. Now I want to work in ERP package. Please suggest me how I will apply for the organisation works in ERP environment.
what is the meaning of call in arear
Expand-------NAST
What Is Depreciation, and from which date do we charge Depreciation for an asset ?