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ПОМОЗИТЕ ИСПРАВИТИ ОДМАХ!Исправљен

Текст од polinazhdanova - English

  • How can the text below be improved and corrected? Thank you.

  • a.
  • How is net worth calculated?
  • Net worth is what you own minus what you owe.
  • All your assets and liabilities are compared and the distinction is what we call net worth.
    • It could be positive or negative.
    • For example, you own $10,000 in your retirement account and an apartment with an approximate worth of $200,000 left for you as a legacy, thus you have assets of $250,000.
    • Also, you have a student loan worth $50,000.
  • Thus, your net worth equals $160,000 ($200,000 plus $10,000 minus $50,000).
  • This is an example of positive net worth when all your assets exceed your liabilities.
    • Net worth could also be the opposite.
    • In case you didn’t get an apartment as a legacy and don’t own it at present, thus your net worth will be negative.( $10,000 minus $50,000 equals minus $40,000) b.
  • What is the meaning of the statement that your net worth is the equity you have in your own life?
    • Equity is generally the difference between all the assets we have and the liabilities we carry which as we know from above it could also be named net worth.
    • Net worth not only directly relates to equity but also could be used as a substitute for equity in a context in order to address specific meaning.
    • In corporate accounting, net worth means the worth of the whole company including outside investments and debts the company has, while one’s personal investments could be described as one’s equity investment in a company.
    • It could also be called one’s balances between the assets and liabilities invested in a company as personal net worth.
  • So, in general, an individual’s net worth could also refer to as equity in one’s possessions.

МОЛИМО, ПОМОЗИТЕ ИСПРАВИТИ СВАКУ РЕЧЕНИЦУ! - English