Question Tag: Net Worth

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FA – Nov 2012 – L1 – SA – Q14 – Elements of Financial Statements

Identifying the definition of a company's net worth.

Which of the following defines the net worth of a company?

A. Equity interest
B. Non-current assets less current assets
C. Non-current assets and current liabilities
D. Changes in the loan notes
E. Non-current assets and intangible assets

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FA – Nov 2012 – L1 – SA – Q14 – Elements of Financial Statements

Identifying the definition of a company's net worth.

Which of the following defines the net worth of a company?

A. Equity interest
B. Non-current assets less current assets
C. Non-current assets and current liabilities
D. Changes in the loan notes
E. Non-current assets and intangible assets

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