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Marina CMI [18]
3 years ago
8

According to ian wolfman, "brands that thrive will be those, like pizza hut, that can efficiently build sustainable relationship

s with people - relationships that have both high __________ and high __________."
Business
1 answer:
frutty [35]3 years ago
7 0
This is the full statement: According to Wolfman 'brands that will thrive will be those like pizza hut, that can efficiently build sustainable relationships with people, relationships that have both high trust and high transaction. The answers are trust and transactions.
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Several years ago, Tamika Company issued bonds with a face value of $603,000 at par. As a result of declining interest rates, th
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Bond retirement is also known as bond reimbursement. The equalization will be repaid with interest on the reimbursement date.

<h3>When recording bond retirements, use a discount account:</h3>

Bonds are assumed to be worth $603,000, and their current book value is estimated to be $645,210. T will be paid back with a 7% premium. $42,210 is the total ($603,000 x 7%). The bond guarantor must give the investor $65,210 ($603,000 + $42,210) on the date of reimbursement. The $42,210 excess payment should be viewed as bad luck for the bond call.

<h3>Here are the journal entries to reflect bond retirement:</h3>

Bonds payable are debited by $603,000

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Citation: Cash $642,210 = [$603,000 x (1 + 0.07)]

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