___________________ Is the Difference Between One's Assets and Liabilities

question 98

Multiple Choice

___________________ is the difference between one's assets and liabilities.

• A)Net worth
• B)One's portfolio
• C)Income
• D)All of the above are correct.

---

Definitions:

Operating Income

The profit realized from a business's ongoing operations, calculated before interest and taxes.

Statement of Cash Flows

A financial statement that summarizes the amount of cash and cash equivalents entering and leaving a company.

Shares of Stock

Units of ownership interest in a corporation or financial asset, representing an equal proportion of the company's capital.

Comparative Balance Sheets

Financial statements that present the financial position of a company at different points in time, allowing for analysis of trends and changes.