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Net Worth Profit — Quiz Answers

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In the spreadsheet, if the total assets are in cell B1 and the total liabilities are in cell B2, which formula should be used to calculate the net worth in cell B3?

A
is equal to cap b 2 minus cap b 1
B
is equal to SUM times open paren cap b 1 close paren
C
is equal to cap b 1 minus cap b 2
D
is equal to cap b 1 plus cap b 2
23
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Based on the trend in the table, what would be a reasonable prediction for SolarBright Energy's net worth in 2024?

A
$800,000
B
$780,000
C
$750,000
D
$710,000
24

How is "return on investment (ROI)" best defined?

A
the efficiency of an investment in generating earnings relative to its cost
B
the amount of revenue generated in a year
C
the total value of liquid assets
D
the total assets minus total liabilities
25

What is the definition of net worth in a business context?

A
the total cash on hand
B
the total revenue generated in a year
C
the total value of property and equipment
D
the difference between total assets and total liabilities

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Net Worth Profit — Quiz Answers — Financial Math