Answer:
9109.18%
Explanation:
Data provided in the question:
Interest rate charged for two weeks = 19% = 0.19
Now,
The Annual rate (APR) = ( 1 + i )ⁿ - 1
Here,
r is the interest rate per period = 19%
n = number of periods in a year
In the given question interest is charged every two
also,
there are 52 weeks in a year
Therefore, total number of periods, n = = 26
Therefore,
Annual rate = ( 1+ 0.19 )²⁶ - 1
or
Annual rate = 92.091 - 1 = 91.0918
or
91.0918 × 100 = 9109.18%
Answer:<u><em> $14 million is the amount that should be reported as the net investment in capital assets in the government-wide statement of net position.</em></u>
<u><em>Inventory is not a capital asset also the liability in regards to acquisition of inventory is left out. In this case capital assets are in regards with the roads and equipment. </em></u>
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Answer:
D
Explanation:
Focus strategy is said to be pursued when a company recognizes a relatively narrow market segment or a particular buyer group where competition is weakest and then tailored its production and product offerings towards this niche in order to serve the particular target or niche extremely well with the aim of earning a huge return on investment.
Focus strategy is pursued when a company recognizes that the differences in need of one market segment to another and then produce or deliver goods and services that serve the needs and requirements of this particular competitive segment