Answer: countries would purchase microchips from japan because they are cheaper
Explanation:
No, it will not be affected as contingent liabilities are yet not recognized.
Assets are owned by the company and liabilities are borne by the company. Both are listed on the company's balance sheet, which is a financial statement that shows the financial condition of the company. Assets fewer liabilities equal the owner's equity or net worth.
Debt mainly has three classifications. These are short-term liabilities, long-term liabilities, and contingent liabilities. Short-term and long-term liabilities are the most common in business. As with businesses, the net worth of an individual or household is determined by weighing assets and liabilities for most households, liabilities.
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A business plan is typically produced to provide a clear roadmap to build a successful business or to secure funding to start said business. It is an essential resource for management or any potential investor, allowing them both to make informed decisions.
Keep it somewhere or forget all about it or ask your parents to put it somewhere but there not going to use it
