Answer
The answer and procedures of the exercise are attached in the following archives.
Step-by-step explanation:
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Answer:
$4,380
Explanation:
The computation of the interest expense recorded in the first year is shown below:
= Issued price of the bond × market interest rate ÷ semi annual period
= $73,000 × 12% ÷ 2
= $73,000 × 6%
= $4,380
Hence, the interest expense would be recorded when the interest payment is made is $4,380
We simply applied the above formula
Answer:
Tactical Planning
Explanation:
The district managers, both because they are lower-level managers, and because they have set their plans for the next 6 to 24 months (a period relatively short when it comes to planning) are engaging in tactical planning.
Tactical plans are those made for the short-term, with very specific objectives, that are aimed at carrying out the higher-level strategic plans that usually have broader goals, a longer time span, and are devised by upper managers.
Answer:
b. It has some type of edge over rivals in attracting customers and coping with competitive forces
Explanation:
A firm can have competitive advantage if it produces at a lower cost than its competitors and thus the firms' goods are priced lower and this attracts customers.
a firm can also have a competitive advantage if the quality of its own good is higher than that of its competitors and this increases patronage for the firms goods.
The economic theory the choice of management team at Pass the Ketchup Brands represent is known as internalization theory.
<h3>What is internalization theory?</h3>
Internalization theory is an economic theory that tends to protect companies' sole rights to their products. The theory gives protection to local industries who aim at having larger market share.
This is because when other companies know the secret or having access to their product make up, such might reduce their market share of that product.
Hence, the economic theory the choice of management team at Pass the Ketchup Brands represent is known as internalization theory.
Learn more about internalization theory here: brainly.com/question/10563712