The excess of the assets over the liabilities of a business is called
- capital employed
-
net worth
- working capital
- initial capital
The correct answer is: B
Explanation
When you subtract liabilities from assets what we have left is the Net Assets. It is also called equity or net worth or capital, or shareholders equity.
An asset is something owned either cash or something that could be sold or collected to turn into cash, like equipment or a receivable.