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November 6, 2021
Question

My insurance company wants to know Net Equity/Net Assets (Deficit Equity) . How do I compute the answer?

  • November 6, 2021
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1 reply

Rustler
November 7, 2021

Net equity is the total of assets (without inventory value) less liabilities
Net Assets is the total assets including inventory less liabilities
Run a balance sheet to get the numbers, do the math