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gonz8am7adFrat
gonz8am7adFrat gonz8am7adFrat
  • 04-04-2016
  • Business
Answered

The total amount of financial assets, minus any debts, is referred to as?

Verified Answer :

taskmasters
taskmasters taskmasters
  • 06-04-2016

The answer is Net Assets. The total assets minus the total liabilities or debts are defined as Net Assets. Net Assets could be defined in different ways. For example, in a corporation the net assets are reported as the stockholders equity. Some even refer the net assets as wealth.

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