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Use the taxonomy outline below to answer the question.
Phylum Porifera (Sponges)
Hexactinellida (Glass sponges)
Venus flower basket
Staurocalyptus
Demospongia
Red volcano sponge
Spongilla lacustris
Geodia barretti
Calcarea
Sycon capricorn
Leucetta chagosensis
Clathrina heronensis
Which of the following statements is correct based on the outline above?
Balance Sheet
A report documenting an organization's financial status, including its assets, liabilities, and the equity owned by shareholders, as of a certain date.
Buildings Equipment
Fixed assets such as physical structures and machinery owned by a business for use in operations, not for immediate resale.
Order Liquidity
The ease with which an order can be filled in a market without affecting the current price of the asset.
Declaration Dividend
The act of a company's board of directors formally announcing the payment of a dividend to shareholders.
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