The long-term liability section of twin digital corporation’s balance sheet as of december 31, 2017, included 12% bonds having a face amount of $15 million and a remaining discount of $1 million. disclosure notes indicate the bonds were issued to yield 14%. interest expense is recorded at the effective interest rate and paid on january 1 and july 1 of each year. on july 1, 2018, twin digital retired the bonds at 104 ($15.6 million) before their scheduled maturity. required: 1. & 2. prepare the necessary journal entries for twin digital on july 1, 2018. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field. enter your answers in whole dollar.)
required1:
a) 07/01/2018 record the semiannual interest.
b) 07/01/2018 record the redemption of the bonds.

While cell phones with holographic keyboards are currently in the introduction stage of the industry life cycle, tablet computers are in the growth stage. in the context of this scenario, which of the following statements is true? a. the industry for cell phones with holographic keyboards will face greater competition than the tablet industry. b. while the industry for cell phones with holographic keyboards will focus more on product innovation, the tablet industry will focus more on process innovation. c. while the industry for cell phones with holographic keyboards can reap the benefits of economies of scale, the tablet industry will experience no such benefits. d. the industry for cell phones with holographic keyboards will face price competition, whereas, in the tablet industry, the mode of competition will be non-price.