Net worth is how much your net is worth! Larger nets can hold more fish, but if you need the infrastructure to hold the net, it could break your boat! Always ensure you are building your nets from fine materials and keep them from expanding too quickly, or you will end up sinking into the lake!
This has been the wisdom of our competitor, Greasy Jim’s CPA Certifications and Bait Shop. In less fish-related news, net worth is the total measure of the worth of a company or individual, measured by their total cash and assets against their liabilities and outstanding debts.
Assets included in this calculation could consist of the following:
- Retirement accounts
- Offshore investments
- And boats.
Net Worth, for business, is the value of a company as it is the key indicator for how a company is doing in terms of sales and investments.
This is also a valuable indicator for potential investors and general consumers, as the history of a company’s net worth can give clues to the health and future of said company. Investors can see if it is a safe place to invest in or if all its products are about to go on sale.