​A(n) _______ involves all of the aspects of the accounting equation and illustrates the evenness among assets against liabilities and​ owners' equity combined to accurately portray a​ company's financial standing.

​A(n) _______ involves all of the aspects of the accounting equation and illustrates the evenness among assets against liabilities and​ owners' equity combined to accurately portray a​ company's financial standing.



A. inventory turnover ratio

B. statement of cash flows

C. income statement

D. balance sheet

E. ​profit-and-loss statement



Answer: D. balance sheet


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Marketing Chapter 17

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