What do businesses typically use to generate revenue?

Businesses primarily use assets to generate revenue because assets represent the resources owned or controlled by a business that can be utilized to create goods or services. These can include physical assets like machinery, buildings, and inventory, as well as intangible assets like patents and trademarks. Through the effective utilization of these assets, businesses can produce their products, deliver services, or engage in sales activities that ultimately lead to revenue generation.

The other options relate to different aspects of a business’s financial structure. Liabilities represent obligations or debts that a business must settle in the future, which do not directly contribute to revenue. Equity reflects the ownership interest in the business and may represent funding sources for operating activities but does not inherently generate revenue. Expenses are the costs incurred in the process of generating revenue; they are not sources of income themselves. Hence, assets are the correct answer as they are the primary tools through which businesses engage in revenue-generating activities.