On january 1, 2018, album co. issued $200,000 of ten-year bonds. interest is payable semi-annually on june 30 and december 31. the bonds were sold for $185,953. a journal entry was prepared on june 30, the first interest payment date, to record interest expense of $13,016 and cash interest paid of $12,000. what is the annual stated interest rate for the bonds?

In 2000, campbell soup company launched an ad campaign that showed prepubescent boys offering soup to prepubescent girls. the girls declined because they were concerned about their calorie intake. the boys explained that “lots of campbell’s soups are low in calories,” which made them ok for the girls to eat. the ads were pulled after parents expressed concern. why were parents worried? i