Select the Correct Word in Parentheses in Each of the Following

question 17

Short Answer

Select the correct word in parentheses in each of the following sentences.
-(Its / It's) fun to (hear / here) from the old friends I have rediscovered on social media.

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Definitions:

Shareholders' Equity

The residual interest in the assets of a company after deducting liabilities, representing the owners' claims on the company assets.

Total Assets

The sum of all resources owned by a company, valued at the cost, which can include cash, property, and equipment.

Total Liabilities

The sum of all financial obligations a company owes to external parties, including both short-term and long-term liabilities.

Total Liabilities

The aggregate of all debts and obligations owed by a company, reported on the balance sheet.