Answer:
The balance sheet represents the total assets of the company and how they are funded, whether through equity or by debts.
Explanation:
Balanced sheet
A balance sheet is an annual report of finance that accounts at a particular time on the funds, debts or on equity of any corporation and lays the foundation of calculations for calculating return rates and determining its financial performance of the company.
The balance sheet represents the total assets of the company and how they are funded, whether through equity or by debts.
Answer: 13.87%
Explanation:
Effective interest rate is calculated by the formula:
= (1 + APR / Number of compounding periods)) ^ Number of compounding periods - 1
Number of compounding periods = 365 days in a year
= (1 + 0.1299/365) ³⁶⁵ - 1
= 0.138688
= 13.87%
Answer:
Name of the firm as determined by all the partners.
Name and details of all the partners of the firm.
The date on which business commenced.
Explanation:
The bakery market in a large city is an example of Monopolistic competition.
Monopolistic competition exists when many companies offer competing products or services that are similar, but not perfect, substitutes. In this case, the bakeries in large cities that produce similar, but not identical products. The market structure is a form of imperfect competition.
Some of the characteristic of a monopolistic competition structure are;
The presence of many companies.
Each company produces similar but differentiated products.
Companies are not price takers.
Free entry and exit in the industry.
Companies compete based on product quality, price, and how the product is marketed.
For further clarification refer here;
brainly.com/question/13311608
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Contracts can be discharged by performance: complete performance discharges both sides; material breach discharges the breaching party, who has a right to claim damages; substantial performance obligates the promisee to pay something for the benefit conferred but is a breach.
