Question: Which items below cannot be assessed using the balance sheet only? List the numbers. 1. Fair market value is a company's net assets. 2. Risk

Which items below cannot be assessed using the balance sheet only? List the numbers.

1. Fair market value is a company's net assets.

2. Risk of the firm based on the relative size of claims to resources.

3. How efficiently a company manages its economic resources?

4. Long-term solvency: Ability to pay all liabilities with assets.

5. Liquidity: Ability to pay current/short-term liabilities with current assets.

6. Cash inflows/outflows during a period and ability to generate cash.

7. Cash flow generates power of economic resources.

8. The profitability of a company over a long-term period of time.

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