hr That Current Assets = Current Liabilities That Owners' Equity = Total Assets - Total liabilities 99 3 Question 12 (3 points) Min Laur An effective interest rate expressed as "1.0% per month" is exactly the same as: 12.0% per year compounded monthly Read 12.0% effective interest per year (APY) Both a and b MAR Cor None of the above Saved Mc Question 13 (2 points) Secur Inventory