MA.912.FL.2.1

Given assets and liabilities, calculate net worth using spreadsheets and other technology.

Examples

Example: Jose is trying to prepare a balance sheet for the end of the year based on his profits and losses. Create a spreadsheet showing his liabilities and assets, and compute his net worth.

Clarifications

Clarification 1: Instruction includes net worth for a business and for an individual. 

Clarification 2: Instruction includes understanding the difference between a capital asset and a liquid asset.

Clarification 3: Instruction includes displaying net worth over time in a table or graph.

General Information
Subject Area: Mathematics (B.E.S.T.)
Grade: 912
Strand: Financial Literacy
Status: State Board Approved

Related Courses

This benchmark is part of these courses.
1200388: Mathematics for Data and Financial Literacy Honors (Specifically in versions: 2022 and beyond (current))
1700600: GEAR Up 1 (Specifically in versions: 2020 - 2022, 2022 and beyond (current))
1700610: GEAR Up 2 (Specifically in versions: 2020 - 2022, 2022 and beyond (current))
1700620: GEAR Up 3 (Specifically in versions: 2020 - 2022, 2022 and beyond (current))
1700630: GEAR Up 4 (Specifically in versions: 2020 - 2022, 2022 and beyond (current))
1200384: Mathematics for Data and Financial Literacy (Specifically in versions: 2022 and beyond (current))

Related Access Points

Alternate version of this benchmark for students with significant cognitive disabilities.

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