I nees help with question 7

Question 7 1 pts Which of the following statements is correct? Long-term assets, which are also referred to as fuxed assets, have a long life cycle and their market value and book value are not likely to be equal. For assets, the income statement shows the amount of money that the company has promised to pay. The book value is generally close to the actual market value for long-term liabilities because of their relatively short maturities One of the advantages of the accounting statements that they are current and based on the current market values such as the current price of a building. All the answers are correct