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Virty [35]
2 years ago
14

When computing interest expense using the effective interest rate method, the ___________ interest rate should be used.

Business
1 answer:
Pepsi [2]2 years ago
7 0

When computing interest expense using the effective interest rate method, the <u>MARKET </u>interest rate should be used.

<h3>What is the effective interest rate method?</h3>

The effective interest rate method allows us to be able to discount the par value and the coupon payments of a bond. This then tells us the bond value.

To use the effective interest rate method, you should use the market interest rate as it is a more accurate indicator of risk.

Find out more on the effective rate method at brainly.com/question/25654055

#SPJ1

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When Ocean Spray decided to make its Craisins (a dried cranberry snack food) available in convenience stores, supermarkets, and
QveST [7]

Ocean Spray was involved in deciding on a distribution strategy when it decided to make its Craisins (a dried cranberry snack food) available in convenience stores, supermarkets, and vending machines.

<h3>What exactly is a distribution strategy?</h3>

The method utilized to deliver commodities, services, and products to consumers or end users is known as a distribution strategy. Depending on the product and its distribution requirements, maintaining a simple and efficient method of getting your goods and services to people frequently results in repeat business.

<h3>What is an example of a distribution strategy?</h3>

Clothing from several companies, for instance, might be supplied in a chosen manner. Instead of putting its products in a variety of retailers like Walmart or Target, a company like Gucci might decide to distribute its goods to its own stores and a few carefully chosen department stores.

<h3>Why is it vital to have distribution strategies?</h3>

By enhancing customer interactions with your organization, distribution strategy contributes to increased client satisfaction and repeat business. Additionally, it might assist you in streamlining your company to increase efficiency.

learn more about distribution strategy here

<u>brainly.com/question/5575565</u>

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6 0
2 years ago
Kano International Publishing, headquartered in Berlin, Germany, is a leading global publisher of scientific, technical, and med
Serggg [28]

Answer:

a. Compute the amount of depreciation expense recorded in the prior year.

  • $71,750

b. Compute the book value of the printing press at the end of the prior year.

  • $258,250

c. Compute the amount of depreciation that should be recorded in the current year.

  • $8,762.50

d. Prepare the adjusting entry for depreciation at December 31 of the current year.

  • December 31, 202x, depreciation expense
  • Dr Depreciation expense 8,762.50
  •     Cr Accumulated depreciation - Didde press 8,762.50

Explanation:

depreciation expense per year of Didde press = ($330,000 - $43,000) / 20 years = $14,350 per year

accumulated depreciation = 5 years x $14,350 = $71,750

net book value = $258,250

adjusted useful life of 25 years, 20 remaining

new residual value of $83,000

depreciation expense per year = ($258,250 - $83,000) / 20 years = $8,762.50 per year

4 0
3 years ago
How do you manage different generations?
VashaNatasha [74]

Explanation:

for the time in history,there are 5 Generations working side-by-side the transitional generation .

6 0
4 years ago
Campbell's Soup Company ran a series of radio ads tied to local weather forecasts. Before an impending storm the ads said, "Time
g100num [7]

Answer:

"Persuasive"  "reminder"

Explanation:

Campbell's Soup Company ran a series of radio ads tied to local weather forecasts. Before an impending storm the ads said, "Time to stock up on Campbell's Soup." During the storm the ads said, "Stay home and stay warm with Campbell's Soup." The first ad was persuasive advertising, while the second ad was reminder advertising.

3 0
3 years ago
Lyman’s business has grown to 400 employees with annual revenues of $15 million. He would like to expand further but needs anoth
Rashid [163]
He should consider where he is going to get the money from, how soon he will be able to pay it back if he borrowed it, and if he needs anymore emplyees for the expansion. 
7 0
3 years ago
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