Answer:
29.5%
Explanation:
Effective interest rate is the actual interest rate that a investor receives on invesment or a borrower pays on loan including the compounding effect.
APR = (80 - 75) / 75 = 0.067 = 6.67%
Effective interest rate = ( 1 + APR )^n - 1
Effective interest rate = ( 1 + 6.67% )^4 - 1
Effective interest rate = ( 1.0667 )^4 - 1
Effective interest rate = 1.2947 - 1
Effective interest rate = 0.2947
Effective interest rate = 29.5%
I believe the answer is: positioning strategy.
Positioning strategy refers to the strategy to cemented company's image and perception in the mind of the consumers. When a company use endorsement from famous figure for its product, it would create the perception that the quality of the product must be good since many of the people that being idolized use the product.
Insurance policies that are covered by COBRA are done to D. extend insurance coverage if a worker loses their job.
<h3>What is the purpose of COBRA?</h3>
The Consolidated Omnibus Budget Reconciliation Act (COBRA) protects workers in the event that they lose their jobs for certain reasons.
This protection comes in the form of the worker and their families being able to access the health insurance benefits they had while the worker was working. This access will eventually lapse however.
Find out more on COBRA at brainly.com/question/6294682.
Answer:
$7,714
Explanation:
The computation of the cost of good sold under LIFO method is shown below
But before that following calculations need to be done
Goods sold = Beginning inventory + Purchases - Ending inventory
= 114 + (399 + 57) - 190
= 380 units
Now 380 units sold would include 57 units of July 22 purchases and balance i.e. (380-57) 323 units of July 7 purchases
So, cost of goods sold
= (57 × 22) + (323 ×20)
= $7,714
