The firm’s assets in the balance sheet refer to:

The firm’s assets in the balance sheet refer to:
A. the extent to which something can be sold for cash quickly and easily without loss of value.
 B. the productive resources in the firm’s operations.
C. the statement of a firm’s financial position at one point in time, including its assets and the claims on those assets by creditors (liabilities) and owners (stockholders’ equity).

 

Solution