Question 18 (0.8 points) Which of the following statements is correct? O A) The balance sheet for a given year, say 2005, is designed to give us an idea of what happened to the firm during that year. B) For most companies, the market value of the stock differs from the book value of the stock as reported on the balance sheet C) The difference between the total assets reported on the balance sheet and the debts reported on the statement tells us the current market value of the stockholders equity, assuming the statements are prepared in accordance with generally accepted accounting principles (GAAP). D) A typical industrial company's balance sheet lists the firm's longest lived assets first, and then goes on down to the assets that will be converted to cash listed last