21 March 2016
As the word indicates, it means the excess of assets over liabilities. It can be worked out by any of the method as aforesaid by other experts viz. Richa Kumar, B.Chackrapani Warrier
24 March 2016
In the case of company, net worth = share capital + reserves & surplus (minus debit balance of P & L account if any and fictitious assets if any)
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