Assertion: balance sheet | /r/CapableOf | summarize key financial information
Facets:
value: on a given date
type: TEMPORAL
value: at its simplest level
type: MANNER
Source sentences:
text: At its simplest level, the balance sheet summarizes key financial information on a given date (as opposed to the income statement, which shows profitability over a period of time) and is a good indicator of company stability and liquidity (both important factors in determining your business’s ability to fund its own growth without requiring outside financing).