Business owners prepare balance sheets to better understand the value of a business and a. How well

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Business owners prepare balance sheets to better understand the value of a business and 

a. How well its assets have been utilized to produce wealth.

b. The revenue producing ability of the business. 

c. The profit making ability of the business. 

d. How quickly the business is paying off its liabilities.

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Managerial Accounting for the Hospitality Industry

ISBN: 978-1119386223

2nd edition

Authors: Lea R. Dopson, David K. Hayes

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