70 million is the answer .
How is net worth of a company calculated?
Knowing a company's market worth is one thing, but by itself, it could not provide a whole picture of the company's value. This is particularly true for sectors that need substantial expenditures in property, machinery, and other expensive or valuable assets. In light of this, it's crucial to comprehend how to determine the net value of those assets. The process for determining a company's net value is actually rather simple:
Net worth is the sum of all assets less all liabilities.
The method used to determine one's personal net worth is the same as this one, which is also known as "shareholders' equity." This straightforward method effectively determines what would remain when a firm is liquidated and sold and how much of it would be distributed to each stakeholder.
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