Examlex
From the following, identify an item that does NOT go into current net worth calculations?
Common Stock
Shares of ownership in a corporation, granting holders voting rights and a portion of profits in the form of dividends.
Balance Sheet
A financial statement that displays a company's assets, liabilities, and shareholders’ equity at a specific moment, showing the company's financial position.
Wages Payable
The total amount of wages that a company owes to its employees for work that has been completed but not yet paid for.
Common Stock
Common stock represents units of ownership interest or equity in a corporation and usually comes with voting rights to elect the board of directors.
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