Business owners prepare balance sheets to better understand the value of a business and the revenue producing ability of the business. the profit-making ability of the business. how well its assets have been utilized to produce wealth. how quickly the business is paying off its liabilities. One limitation of a balance sheet is that it does not include information about the relative value of the employees of the business. O the amount of money owed by the business. the amount of money owed to the business. O the stock issued by the business. Which would be listed as a current liability when using the USAR format to prepare a balance sheet? O Utility deposits O Beverage inventories Gift cards payable Customer house accounts Which is an example of an item that would be listed in the "Current assets; Operating equipment" portion of a restaurant's balance sheet prepared using the USAR format? Refrigerators used to store beer in the bar area of the restaurant Glassware used in the bar area of the restaurant Freezers used to store ice cream used in the bar but held in the restaurant's kitchen area O A $1,000 unpaid bill for repairs made to the bar's beer dispensing system. Which of the following current assets is the LEAST liquid? O Cash Accounts receivable Net receivables Inventories