Where is your net worth?
Story Date: 11/22/2016

 

Source: FARM DOC DAILY, UNIV OF ILLINOIS, 11/18/16

Net Worth is measured as all assets less all liabilities. If you consider that your liabilities are claims on your assets by your lenders, then you can consider the liabilities are the part of your business that your lenders own. With that in mind, your net worth is the part of your business that you own.

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