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Other Names for Net Worth
There are several other names used other than Net Worth including:
- Owners Equity,
- Shareholders Equity,
- Stockholders Equity.
All of them refer or relate to the idea that Equity or Net Worth is the difference between the book value of Assets and Liabilities. Specifically, Net Worth or Equity is equal to the book value of Total Assets minus the book value of Total Liabilities ... or Total Assets - Total Liabilities = Net Worth
© 2010 by Michael C. Dennis. All Rights Reserved