Asked by Ashley Ochoa on Jun 19, 2024
Verified
The balance sheet provides information on all of the following except
A) how management invested its money.
B) where the money came from.
C) assessing rates of return.
D) the market price of the company's stock.
Balance Sheet
An accounting statement that itemizes the assets, liabilities, and equity held by shareholders of a company on a specific date.
Rates Of Return
Measurements of the gain or loss on an investment relative to the amount of money invested.
Market Price
The price at which a product, asset, or service is sold on the open market.
- Gain insight into the components of an organization's balance sheet (assets, liabilities, equity) and their definitions.
Verified Answer
TJ
Trevon JohnsonJun 20, 2024
Final Answer :
D
Explanation :
The balance sheet provides information on the assets, liabilities, and equity of a company as of a specific point in time. It does not provide information on the market price of the company's stock, which is determined by the supply and demand in the stock market.
Learning Objectives
- Gain insight into the components of an organization's balance sheet (assets, liabilities, equity) and their definitions.
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