Assertion: balance sheet | /r/CapableOf | provide basis
Facets:
value: for computing rates of return
type: PURPOSE
Source sentences:
text: A balance sheet is a financial statement that reports a company's assets, liabilities and shareholders' equity at a specific point in time, and provides a basis for computing rates of return and evaluating its capital structure.
text: The basic concept to remember about the balance sheet is that it provides the basis for evaluating assets versus liabilities and members' equity - - - much the same way an individual would list their personal assets owned versus the liabilities that are attached to those assets.
text: It provides a basis for computing rates of return and evaluating the business’ capital structure.