A person's net worth would increase as a result of
A)decreased value on investments
B)reduced earnings.
C)increased spending for current living expenses.
D)increased value of personal possessions.
E)increased amount owed to others.

Question

Quizplus · Accepted Answer

Net worth is calculated by subtracting the amount owed (liabilities) from the value of assets. An increase in the value of personal possessions would increase the value of assets and therefore increase net worth.

A Person's Net Worth Would Increase as a Result of