A ________ Is a Summary of the Assets and Liabilities

question 12

Multiple Choice

A ________ is a summary of the assets and liabilities of a small business.

• A)pro forma
• B)balance sheet
• C)current asset
• D)cash flow

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Definitions:

Issued

In finance, issued refers to the process of making securities available for sale to the public or the specific quantity of securities that have been made available.

Market Value

The current price at which an asset or service can be bought or sold in the open market.

Payout Ratio

A financial metric that measures the proportion of earnings a company pays out to its shareholders in the form of dividends.

Cash Dividends

Distributions of a corporation's earnings to shareholders in the form of cash, typically issued on a regular basis.