The branding Strategy that was used by Hormel is known as the multi product branding.
<h3>What is branding?</h3>
It should be noted that branding simply means the process of creating a strong, positive perception of a company.
In this case, the branding srategy that was used by Hormel is known as the multi product branding.
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Answer:
value network
Explanation:
In simple words, A value system refers to the graphical representation of the technological and social tools and how they are used within / around organisations. The points represent the public in a network of values. The entities are linked by means of connections representing goals and objectives. These outputs may be objects, information or income.
Answer:
carrying value after 2 years = $967.64
Explanation:
the journal entry to record the purchase of the bond:
Dr Investment in bonds 1,000
Dr Premium on investment in bonds 41.60
Cr Cash 1,041.60
Assuming a straight line amortization, the yearly amortization = $41.60 / 9 years = $4.62 per year
carrying value at moment of purchase = $958.40
carrying value after 1 year = $963.02
carrying value after 2 years = $967.64
Answer:
Ans. Price of the bond is $9,250.57
Explanation:
Hi, first we need to establish the semi-annual coupon of the bond and the semi-annual discount rate (YTM semi-annually)
Coupon=10000*(4.9%/2)= $245
To turn the annaul YTM to semi-annual, we have to use the following equation


After all this, we are ready to find the price, here is the math of this.

Best of luck.