Which of the following statements is correct? a. the balance sheet for a given year tells us how much money the company earned throughout that year.

b.balance sheet lists firms longest-lived assets at the top ans goes downwards towards the assets that are cash or cash equivalents.

c. the difference between the total assets and debt reported on the balance sheet tells us current market value of the stockholder equity.

d. fhr balance sheet for a given year is designed to give us an idea of what happened to fhe firm throughout that year .

e. the market value of a firm's stock can differ greatly from the book value of its stock.