Question 20 5 pts Which of the following statements is correct? The difference between the total assets and debt reported on the balance sheet tells us the current market value of the stockholders equity. The balance sheet for a given year is designed to give us an idea of what happened to the firm throughout that year. The market value of a firm's stock can differ greatly from the book value of its stock A balance sheet lists the firm's longest-lived assets at the top and goes downwards towards the assets that are cash or cash equivalents, The balance sheet for a given year tells us how much money the company earned throughout that year