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Answer to Question #134286 in Accounting for Rohit

Question #134286
What is meant by net assets?
1
Expert's answer
2020-09-22T14:01:27-0400
"Solutiion"

Net Assets is the amount by which the total assets exceed the total liabilities on a balance sheet. Simply net assets can be obtained using the formula below.

"Net\\ Assets = Total\\ Assets \u2013 Total\\ Liabilities"


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