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re: 100K Net Worth
Posted on 7/29/15 at 3:49 pm to FlyingTiger85
Posted on 7/29/15 at 3:49 pm to FlyingTiger85
Haha. You don't understand what net worth means.
1
Posted on 7/29/15 at 3:51 pm to TheHiddenFlask
quote:
Haha. You don't understand what net worth means.
Net worth (sometimes called net or wealth) is the total assets minus total outside liabilities of an individual or a company.[1] Net worth is used when talking about the value of a company or in personal finance for an individual's net economic position.[2]
Put another way, net worth is what is owned minus what is owed. In business it is often used in the context of fraudulent law and on the dissolution of the company.
Wikipedia
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