A、A. Assets refer to the resources controlled by the firm
B、B. Liabilities refer to the amounts owed to lenders and other creditors
C、C. Owner’s equity refers to the residual interest in the net assets of an entity that remains after deducting its liabilities
D、D. Liabilities= Assets + Owners’ equity
A、A. It can help a professional, or a business stand out from the competition,
B、B. It can connect with new clients
C、C. It can make an impression on industry leaders
D、D. It can help the company grow as quickly as their competitors.
A、A . Balance Sheet
B、B. Income Statement
C、C. Cash Flow Statement
D、D. Chairman’s Statement
A、A. A sharp increase of the prices of raw materials led to considerable drop in sales.
B、B. The year of 2018 witnessed a 15% decline in our company output.
C、C. In 2017, the net profit of the company is RMB 108 million.
D、D. We have been experiencing moderate growth in the past few years.
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