A Person's Net Worth Would Increase as a Result of

question 98

Multiple Choice

A person's net worth would increase as a result of

• A)increased value on investments
• B)reduced earnings.
• C)increased spending for current living expenses.
• D)decreased value of personal possessions.
• E)increased amountsowed to others.

---

Definitions:

Charitable Organization

An entity established for philanthropic purposes, to promote public benefit without the intention of generating profits for owners or stakeholders.

Eli Lilly

An American pharmaceutical company known for developing a wide range of medications, including treatments for diabetes, cancer, and psychiatric disorders.

Endowments

Funds donated to institutions with the stipulation that the principal remains intact and only the investment income is spent.

After-Tax Rate

The rate of return on an investment after accounting for taxes, more reflective of the net gain to the investor.