Activity 4. Multiple Choice

It represents all the investments in the enterprise.

• Assets

• Liabilities

• Owner's Equity

A financial statement that summarizes a company's assets, liabilities, and owner's equity at a specific point in time.

• Balance Sheet

• Cash Flow Statement

• Income Statement

It represents the investor's investments in the stock

(or shares) of the business.

• Assets

• Liabilities

• Owner's Equity

It can be convertible into cash in a short period of time.

• Fixed Assets

• Current Liabilities

• Current Assets

It represents the enterprise's debts to supplier's, to bank, to government, to employees, and other financiers.

• Assets

• Liabilities

• Owner's Equity