ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
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NET WORTH Definition
NET WORTH is the difference between Total Liabilities and Total Assets. Minority interest is included here.
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LANDED COST is the total expense of receiving goods at place of retail sale, including retail purchase price, transportation costs, duties, value added taxes, excise tax and other taxes.
NEGATIVE WORKING CAPITAL is when current liabilities exceed current assets.