Assets, liabilities, and net worth are part of the language of finance. As such, it is important to understand both their composition and how they fit together. Short definitions appear below, followed by examples. Assets Assets are econo
Assets, liabilities, and net worth are part of the language of finance. As such, it is important to understandboth their composition and how they fit together. Short definitions appear below, followed by examples.AssetsAssets are economic resources that have expected future benefits to the business. In other words, assetsare what the organization owns and/or controls.LiabilitiesLiabilities are … Read more