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Refer to the scenario below to answer the following questions.
Tambun Fun Park began as a small amusement park in 1985. With nothing more than a merry-go-round, a slide, pony rides, and an ice cream stand, Tambun grew into a popular family attraction with 20 rides, a restaurant, and an outdoor performing arts theater.
"My wife, Kamisah, and I didn't know what we were getting into," commented Ahmad, the owner. "We just knew that weekenders coming to the Ipoh area represented an untapped market."
Today, thousands of visitors flock to Tambun Fun Park-families, children of all ages, even senior citizens who enjoy strolling through the gardens and arbor.
"There's something here for everyone," Kamisah said with a smile. "Dozens of companies hold annual company picnics here. We have welcomed class field trips. And we even had one wedding here at the park!"
"Here's the funny thing," Ahmad chimed in. "We really don't know why we've been so successful! There is nothing else like Tambun Fun Park in the area. We were just lucky."
"I think it's the ambience of the park," Kamisah added, "that has brought so many visitors. We provide a 'total package' of entertainment. Plus, we try to change our rides and various attractions from time to time."
Kamisah and Ahmad admitted that making every visitor happy is a priority. "That has always been our philosophy," they said. "And we've always been able to deliver on that because we've never allowed ourselves to grow too big too quickly."
-Into which quadrant of the BCG matrix does Tambun Fun Park fall?
Premium on Bonds Payable
The amount by which the bond's selling price exceeds its face value, representing an additional cost to the issuer.
Par Value
The face value of a bond or stock as stated in the corporate charter, not necessarily related to its market value.
Installment Note Payable
A debt or obligation that is paid back in regular installments over a specified period, including both principal and interest payments.
Accrued Interest
Interest that has been earned but not yet paid, representing the amount owed to a lender for the use of borrowed funds or owed by a borrower.
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