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Sean recently bought an expensive tablet from Sigma Inc.He is very happy and satisfied with the tablet's performance and has even started promoting it on social networks.He feels strongly about Sigma's products and plans to make more purchases from the company in the future.The way Sean feels about Sigma Inc.and its products represents his _____.
Financial Statement
Reports that provide an overview of a company's financial condition, performance, and cash flow, including the balance sheet, income statement, and cash flow statement.
Statement of Financial Position
A financial statement that displays the assets, liabilities, and equity of a company at a specific point in time, also known as the balance sheet.
Order of Liquidity
The sequence in which assets are expected to be converted into cash, starting with the most liquid assets.
Shareholders' Equity
The portion of the balance sheet that represents the capital received from investors in exchange for stock, plus retained earnings.
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