Connie Owns a Small but Growing Company That Produces Gorilla

question 23

Multiple Choice

Connie owns a small but growing company that produces gorilla glass for smartphones.One possible source of funding might be:

• A)Dell Computers,a well-known PC manufacturer.
• B)Intel,who produces computer chips.
• C)Microsoft,a company that markets software applications.
• D)Samsung,who sells smartphones.

---

Definitions:

Trial Balance

A list of all accounts with their balances to provide a check on the equality of the debits and credits.

Balance Sheet

A financial statement that presents a company’s assets, liabilities, and shareholders’ equity at a specific point in time, showing the company’s financial condition.

Listing

In finance, it usually refers to the process of adding a company's shares to the roster of stocks traded on a particular stock exchange.

Current Liabilities

Short-term financial obligations that a company is expected to pay within one year.