Question

These are Tommy's calculations for his net worth: Net Worth = $321 - $350 = -$29. What does the negative net worth mean? (Points : 1)
His liabilities are larger than his assets.
His assets are larger than his liabilities.
His assets and liabilities are the same.
His assets and liabilities do not affect each other.

Answer 1

Any ideas?

Answer 2

no

Answer 3

$$\huge Net Worth = assets - liabilities$$

Answer 4

so it would be B ?

Answer 5

His liabilities are larger than his assets.