COMMERCIAL AND FINANCIAL VIABILITY The balance sheet is: An accounting statement that reflects the company's assets, rights and obligations at a given time A tool for determining cash inflows and outflows and to plan liquidity The comparison between expected expenditures and revenues for a certain period of time Own sources of funding include: Social capital and reserves. Social capital, depreciation fund, reserves and self-financing. Only social capital Renting is: Renting an asset in exchange for a recurring fee It consists of the advance by the financial institution of the amount of a credit to customers of the company It is a short-term source of funding, used by companies to cover cash gaps. A key element for achieving a successful figure of sales Aligning our offer to market trends and needs Learning from companies which do best Both answers are correct The balance sheet structure has too main parts, namely: Assets and Liabilities Current and Fixed Assets Cash and Debts