“Price insensitive” would be the closest answer
The answer to this question is the term Value delivery network. A Value delivery network is a system that is made up of the participants like the company, suppliers, distributors that are all involved in the marketing, distributing, production, and even the customer service of the goods and services in a specific or geographic area / market. This team partners together for a common goal, to provide good service.
Answer:
C. debit cash, credit premium on bonds payable and bonds payable
Explanation:
Since the contract rate is greater than the market rate, the bond is issued at a premium. And, the journal entry is shown below:
Cash A/c Dr XXXXX
To Premium on bonds payable A/c XXXXX
To Bonds payable A/c XXXXX
(Being bond is issued at a premium is recorded)
When the bond is issued at a premium, we debited the cash account and credited the premium on bonds payable and bonds payable account
