Concept:The excess of assets over liabilities is the owner's equity or net worth.
Explanation:Assets are what a business owns, such as cash, equipment, or receivables.
Liabilities are debts or obligations the business owes to others.
Net worth is found by subtracting total liabilities from total assets.
This amount is also called net assets or owner's equity.
It shows what the owner would receive if all assets were sold and all debts settled.
Therefore, the correct description among the options is net worth.
Answer:B. net worth