KINDLY NOTE THAT IT IS A CLOSED BOOK TEST AND ENGAGING IN ANY KIND OF ACADEMIC DISHONESTY WILL RESULT IN A GRADE OF 0 (ZERO) FOR THE QUIZ AND A WARNING. Question 13 A balance sheet is designed to show: The assets, liabilities, and owners' equity of a business as of a particular date. O The profitability of the business during the current year. O The cost of replacing the assets and of paying off the liabilities at December 31. O How much a business is worth. 3 pts