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 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).
C. the productive resources in the firm’s operations

 

Solution