The amount recorded as cash dividends will be $88,000.
Given the information about a corporation which has issued 50,000 shares of $100 par common stock and holds 6,000 of these shares as treasury stock.
The corporation declares a $2 per share cash dividend. We need to determine what amount will be recorded as cash dividends.150 words solution:The total amount of the par value of the 50,000 shares of common stock issued by the corporation is:
$100 per share x 50,000 shares = $5,000,000If the corporation holds 6,000 of these shares as treasury stock, the number of outstanding shares is:50,000 shares issued − 6,000 shares treasury stock = 44,000 outstanding shares
When the corporation declares a cash dividend of $2 per share, the total amount of the dividend is:$2 per share x 44,000 outstanding shares = $88,000
Therefore, the amount recorded as cash dividends will be $88,000. Hence, option (b) is correct.
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compared to perfect competition, the consumer surplus in a monopoly group of answer choices is unchanged because price and output are the same. is eliminated. is lower because price is higher and output is lower. is higher because price is higher and output is the same.
Compared to perfect competition, the consumer surplus in a monopoly group of answer choices is unchanged because price and output are the same is lower because price is higher and output is lower.
Consumer surplus will growth because the charge receives lower (assuming dealers are inclined to deliver at the extent at the call for curve) and manufacturer surplus will growth because the costs receives higher (assuming customers are inclined to buy the brought quantity as you circulate up the deliver curve).
The overall suplus is maximized on the marketplace equilibrium quantity. Since a wonderfully aggressive marketplace produces the marketplace equilibrium quantity, best opposition maximizes the sum of purchaser and manufacturer surplus.
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define consumer protection agency
Definition of Consumer Protection Agency (CPA)
CPA is the governmental regulatory authority entrusted with the protection of consumer rights and was established by virtue of the Consumer Protection Law No. 67 in 2006 and its Executive Regulations.
A __________ is any action that compromises the security of information owned by an organization.
A security attack is any action that compromises the security of information owned by an organization.
Any action that compromises the security of information owned by an organization is known as a security attack. Many types of security attacks can compromise an organization’s security. Phishing is a security attack, where attackers try to steal sensitive information or login credentials by tricking individuals into revealing their passwords or other personal information through fraudulent emails or websites.
Ransomware is a security attack where hackers encrypt an organization’s data and demand a ransom payment for its release. Organizations can take several steps to prevent security attacks by using an anti-phishing toolbar to protect against phishing attacks and when visiting a malicious website; implementing robust and modern cybersecurity tools to block DDoS attacks.
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4. What is the main parameter that we need to know to predict the relative importance of drift in a population
The main parameter that we need to know to predict the relative importance of drift in a population is the population size.
Drift refers to the random changes in allele frequencies in a population over time due to sampling error. It is more pronounced in smaller populations where chance events can have a greater impact on the genetic composition of the population. In larger populations, genetic drift is relatively less significant as chance events are diluted by the larger pool of individuals.
By knowing the population size, we can assess the extent to which drift may influence genetic variation in the population. Smaller populations are more susceptible to drift, while larger populations are more likely to be influenced by other factors such as selection or migration. Therefore, understanding the population size is crucial for predicting the relative importance of drift in a population.
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Buys large quantities of products directly from the manufacturer and then sells small quantities to retailers.?
Answer:
Wholesaling is the act of buying goods in bulk from a manufacturer at a discounted price and selling to a retailer for a higher price, for them to repackage and in turn resell in smaller quantities at an even higher price to consumers.
Explanation:
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1967 1997 assistant professor’s salary $10,000 $40,000 price index 1.0 4.2 calculate the real income for an assistant professor in 1997.
The real income for an assistant professor in 1997 is $9,523.81.
We are required to calculate the real income for an assistant professor in 1997, given the provided terms for 1967 and 1997, assistant professor's salary was $10,000 and $40,000 respectively, and price index was 1.0, and 4.2 respectively.
To calculate the real income for an assistant professor in 1997, follow these steps:1. Identify the nominal income:
In 1997, the assistant professor's salary was $40,000.
2. Identify the price index for the base year (1967) and the year you want to calculate the real income for (1997):
The price index in 1967 was 1.0, and in 1997 it was 4.2.
3. Divide the nominal income by the price index for the year you want to calculate the real income for (1997):
$40,000 / 4.2 = $9,523.81 (rounded to two decimal places).
So, the real income for an assistant professor in 1997 was approximately $9,523.81.
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Which of the following is not a law which provides protection against discrimination in the workplace?
A. The Civil Rights Act
B. Fair Labor Standards Act
C. The Equal Pay Act
D. Americans with Disabilities Act
The following is not law that provides protection against discrimination in the workplace is the Civil Rights Act. The correct option is
An important piece of legislation that protects against job discrimination is the Civil Rights Act. It is essential for establishing fairness and equitable chances for everyone in workplace environments. An important piece of American law that outlaws discrimination on the basis of race, color, religion, sex, and national origin is the Civil Rights Act of 1964. It is a thorough piece of legislation that addresses all facets of discrimination, including employment. Employment discrimination is expressly addressed in Title VII of the Civil Rights Act.
Employers are not allowed to treat workers or job seekers unfairly because of certain protected characteristics, which include race, color, religion, sex, and national origin. This implies that these criteria cannot be used by employers to determine who is hired, fired, or promoted.\
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At which stage would you conduct a SWOT analyses to understand the market and the strength of your product?
A. screening and evaluation stage
B. ideation stage
C. new product development stage
D. commercialization stage
At the B. ideation stage, we should conduct a SWOT analysis to understand the market and the strength of your product.
Ideation is a creative process where designers generate ideas in periods (e.g., brainstorming, worst feasible concept). It's far the third degree within the design thinking manner. Participants gather with open minds to supply as many ideas as they could to deal with a hassle declaration in facilitated, judgment-free surroundings.
In the Ideation stage, the intention is to generate a big number of ideas — thoughts that doubtlessly encourage more recent, better thoughts — which the team can then clear out and slender down into the excellent, maximum practical, or most progressive ones.
The quick form of the design wondering manner may be articulated in five steps or levels: empathize, outline, ideate, prototype, and check. Let's in short explore each of these stages on the subject of a practical layout process.
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In general, how long does it take to accomplish a long-term goal?
A.
a few days to a week
B.
a few weeks to a month
C.
a few months to a year
D.
more than a year
Answer:
D
Explanation:
long term goals require time and planning.They are not something you can do this week or even this year.Long-Term goals usually take 12 months or more to achieve
What is advertising??
Answer:
the activity or profession of producing advertisements for commercial products or services.
Explanation:
Answer:
the activity or profession of producing advertisements for commercial products or services.
"movie audiences are receptive to advertising"
advertisements collectively.
"despite being instructed to take the signs down, he says he has no intention of removing the advertising"
Explanation:
dvertising is a means of communication with the users of a product or service. Advertisements are messages paid for by those who send them and are intended to inform or influence people who receive them, as defined by the Advertising Association of the UK.
If Country A is an agricultural country and Country B has many cities and factories, it would make sense for
Full question:
If Country A is an agricultural country and Country B has many cities and factories, it would make sense for
Country A to specialize in growing corn while Country B specializes in making cars.
Country A to specialize in making cars while Country B specializes in growing corn.
both countries to compete in growing more corn.
Answer:
Country A to specialize in growing corn while Country B specializes in making cars.
Explanation:
Agricultural country typically has a suitable climate to maximize the growth of crops. So, focusing its resources to specialize in one agricultural product might be an effective economic strategy for country A.
Since Country B has many cities and factories, country B can efficiently transform several raw materials and combined them into one finished products. Specializing its resources to produce vehicles can be a suitable approach that fit With Country's B specialty.
After making their own specialization, both country A and country B could conduct trade with one another in order to obtain products that they did not produce.
In terms of commonly traded organizational currencies, providing friendship, giving emotional backing, and listening to others' concerns and issues are examples of _______-related currencies.
In terms of commonly traded organizational currencies, giving a task that could result in a promotion, acknowledging someone's effort and accomplishments, and providing opportunities for linking with others are examples of e. Position-related -related currencies.
Foreign money is a kind of money and medium of change. Currency consists of paper, cotton, or polymer banknotes and metal coins. States generally have a monopoly on the issuing of forex, although some states have percentage currencies with different states.
Kuwaiti Dinar is ranked the top maximum currency in the world in 2022. it is also taken into consideration the best and most powerful inside the world today. Kuwait is a rustic recognized for its first-rate exploits in the oil enterprise. It has a globally solid economic system.
Appearance up foreign money in Wiktionary, the unfastened dictionary. A currency is the standardization of money in any shape, in use, or circulates as a medium of alternate, for example, banknotes and coins.
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In terms of commonly traded organizational currencies, giving a task that could result in a promotion, acknowledging someone's effort and accomplishments, and providing opportunities for linking with others are examples of p[tion(e) i.e, Position-related -related currencies.
A form of currency and a means of exchange is foreign money. Paper, cotton, or polymer banknotes and metal coins make up the money. Although some states have percentage currencies with other states, states typically have a monopoly on the issuance of foreign exchange.
In 2022, the Kuwaiti dinar is predicted to be the most valuable currency in the world. It is also regarded as the best and most powerful in the modern world. Kuwait is a nation renowned for its outstanding achievements in the oil industry. It has a sound economic structure worldwide.
A currency is the uniformization of money in any form that is in circulation or is used as an alternative means of exchange, such as banknotes and coins.
The complete question is:
In terms of commonly traded organizational currencies, giving a task that could result in a promotion, acknowledging someone's effort and accomplishments, and providing opportunities for linking with others are examples of ______-related currencies.
a. Relationship
b. Personal
c. Inspiration
d. Task
e. Position
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State, define, and explain at least three principles of New Public Management (by comparing with the principles of the so-called old-fashion Weberian type of organization).
b) Please comment on the possible responses of a government organization that applies new public management approach (applies the principles of NPM) to fight against the COVID pandemic? How would they deliver public services, and by whom
A government organization applying New Public Management (NPM) principles to combat COVID would prioritize decentralization, performance-based management, and customer orientation. They would deliver public services by involving stakeholders, using technology, setting targets, and prioritizing citizen satisfaction.
Three principles of New Public Management (NPM) can be contrasted with the principles of the traditional Weberian type of organization:
1. Decentralization: NPM emphasizes decentralization, shifting power and decision-making authority to lower levels of the organization. This is in contrast to the Weberian model, which is characterized by a hierarchical and centralized structure.
Decentralization enables greater flexibility, responsiveness, and accountability in public organizations.
2. Performance-based management: NPM promotes performance-based management, focusing on results and outcomes rather than processes and inputs.
It encourages the use of performance indicators, targets, and benchmarking to evaluate and improve the efficiency and effectiveness of public services.
In contrast, the Weberian model emphasizes adherence to rules and procedures, often overlooking performance measures.
3. Customer orientation: NPM emphasizes a customer-centric approach, emphasizing responsiveness to citizens' needs and preferences. It encourages public organizations to adopt market-like mechanisms to deliver services efficiently and effectively.
In contrast, the Weberian model is more bureaucratic and focused on the internal workings of the organization, with less consideration for citizen satisfaction and preferences.
In response to the COVID pandemic, a government organization applying the principles of NPM would likely strive for agility and efficiency. They would adopt a customer-oriented approach by prioritizing public health and safety.
The organization would establish clear performance targets and indicators to monitor the progress and effectiveness of their interventions.
They may employ digital platforms, data analytics, and technology-driven solutions to enhance service delivery and communication with the public.
The organization would involve various stakeholders, including healthcare professionals, experts, and community leaders, to ensure a collaborative and inclusive response.
Additionally, the organization might establish partnerships with private entities or non-profit organizations to leverage their resources and expertise.
Through these measures, the government organization would aim to deliver timely and effective public services, such as testing, contact tracing, vaccination campaigns, and public awareness programs, to combat the COVID pandemic and protect the well-being of the population.
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What are stakeholders from Monopolistic competition, oligopoly, and monopoly?
Explanation:
Monopolistic competition
Monopolistic competition, many seller that differentiated products - products that differ slightly but sever similar purpose. By making consumer aware of product difference, seller exert some control over price.
Oligopoly
In an oligopoly, a few sellers supply sizable portion of products in the market. They exert some control over price, but because their products are similar, when one company lowers prices, the others follow .
Monopoly
In a monopoly, there is only one seller in the market. The market could be a geographical area, such as a city or a regional area, and does not necessarily have to be añ entire country. The single seller is able to control prices
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Drag each option to the correct location.
Match the scenarios to the factors that affect the labor market.
foreign direct investment
outsourcing
immigration
Each scenario should be matched to the factors that affect the labor market as follows:
Immigration: Carlos is moving from Mexico to the United States because he got a job in a bank. He had his interview last month, and the bank agreed to hire him because he was willing to work for 10% less than most American workers, even though he has the same qualifications.Foreign direct investment: A US supermarket chain is going to open a few supermarkets in Europe because a recent survey showed that the chain has a huge potential for profits in Europe.Outsourcing: A renowned US information technology firm has recently signed a contract with a company based in the Philippines. The Filipino company will handle the accounts of the US firm. The US firm made this decision to reduce labor costs.What is immigration?Immigration can be defined as the movement of a group of people from one geographical region to another geographical destination such as a city, especially in search of any of the following:
Good governanceSecurityBetter living conditions.WorkJobsSocial amenitiesWhat is a foreign direct investment?A foreign direct investment (FDI) simply refers to a type of investment which is made by an individual or business organization (investor) into an investment market that is located in another country.
In conclusion, an example of foreign direct investment (FDI) is a US supermarket chain that is planning to open a few supermarkets in a country in Europe.
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Answer:
Post Test: Free Market and Businesses
Unit: 2
Economics
Question #12
__________________________________________________________
This is 100% right because I took the test
Go to explanation for picture with answers
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Explanation:
Here's the picture and I hope this helped!
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A door-to-door salesperson knocks on Mary's door and convinces her to purchase the Wonder Vacuum for $500. Soon after the salesperson leaves, Mary begins to have second thoughts about the transaction. Which statement about the situation is correct
Many workplace safety rules are created by which government agency?
A.
USDA
B.
FTC
C.
FDA
D.
OSHA
Answer:
OSHA
Explanation:
FDA is food and drug
USDA is the US department of agriculture
FTC is federal trade commision
OSHA is a government organization that develops workplace safety regulations. Thus, the appropriate choice is (D).
What is the role of a Government Agency?A government agency, occasionally an appointed commission, is a permanent or semi-permanent institution within the legislative, executive, and judicial branches of government that is tasked with supervising and managing a variety of tasks, including administration.
Agency kinds come in a wide range. A government agency is often distinct from a department, ministry, and other sorts of public bodies established by the government, notwithstanding terminology differences. Since different sorts of organizations (such commissions) are typically established in an advising capacity,
The boundary between executive and advisory tasks of an agency is sometimes blurred in reality, yet it is not permitted.
Within a federal system, an agency of the government may be founded by either the federal government or a state government.
Hence the correct option is (D).
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if the reserve requirement is 8% and the fed increases reserves by $20 billion, what is the total increase in the money supply?
The total increase in the money supply would be $250 billion.
When the Federal Reserve increases reserves by $20 billion and the reserve requirement is 8%, the total increase in the money supply can be calculated using the money multiplier formula.
The total increase in the money supply can be calculated using the money multiplier formula:
Money multiplier = 1 / Reserve requirement
Assuming a reserve requirement of 8%, the money multiplier would be:
Money multiplier = 1 / 0.08 = 12.5
So a $20 billion increase in reserves would lead to a:
Total increase in the money supply = $20 billion x 12.5 = $250 billion
Therefore, the total increase in the money supply would be $250 billion.
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How do you get brainlist
Answer:
To get brainliest, you have to provide a very good answer, and the person who asked the question can pick your answer to be brainliest using a bottom right of the question icon. A brainliest answer probably helped the user, and they are happy enough with your question to award you this.
Explanation:
What is not a duty of a human resources manager? Choose the answer.
Question 2 options:
maintain contact information
plan employee benefit programs
develop the mission and vision of the company
conduct exit interviews
Answer:
maintain contact information
Developing the mission and vision of the company is not a duty of a human resources manager. Thus, option C is correct.
Who is the manager?A manager is someone who is in charge of overseeing or managing an organization. He or she is an acting leader who assists in creating goals and assigning tasks, and he or she also displays certain leadership qualities that aid in the smooth operation of the organization.
The human resource manager is someone who would take necessary decisions regarding the people and how the people usually work.
Developing the mission is not in their job profile because it is the job of the team leaders or the person who is sitting at a higher level. They are the ones who execute this decision and plan the future goal.
Therefore, option C is the correct option.
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How many manufacturing companies are in the north Georgia area
Answer:in addition to being a right-to-work state, with low unionization rates (2.5%), our quality workforce is one reason why companies in automotive, machinery, and plastics industries are experiencing high job growth. Whether you are looking for engineering talent to further innovation in products or processes, or a skilled labor force to work on the plant floor, Georgia has the existing and future workforce to fulfill your hiring needs. Georgia is home to many companies with a history of innovation that has impacted their.
the journal entry to record depreciation on factory equipment debits blank . multiple choice question. manufacturing overhead and credits depreciation expense work in process and credits accumulated depreciation manufacturing overhead and credits accumulated depreciation work in process and credits depreciation expense
The journal entry to record depreciation on factory equipment involves multiple accounts and their respective debits and credits.
First, the depreciation expense account needs to be credited to record the expense.
The amount of depreciation is usually calculated based on the useful life and salvage value of the equipment and can be obtained from the company's accounting records.
Next, the accumulated depreciation account needs to be debited to record the reduction in the equipment's value over time.
This account represents the total depreciation expense that has been recognized on the equipment since it was acquired.
Finally, the manufacturing overhead account needs to be debited or credited depending on the company's accounting policies.
Some companies prefer to charge depreciation to the manufacturing overhead account as it is considered an indirect cost of production.
Others prefer to charge it directly to the work-in-process account, which represents the cost of goods being produced.
Therefore, the correct answer to the multiple-choice question is Manufacturing overhead and credits accumulated depreciation.
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Which type of bankruptcy leaves your credit report sooner?
The owner of Firewood To Go is considering buying a hydraulic wood splitter which sells for $50,000. He figures it will cost an additional $100 per cord to purchase and split wood with this machine, while he can sell each cord of split wood for $125. How many cords of wood would he have to split with this machine to break even
Answer:
The correct answer is "2000 units".
Explanation:
Given:
Fixed cost,
F = $50,000
Variable cost,
VC = $100 per unit
Price,
P = $125 per unit
Let the units to be sold be "x".
Throughout the case of breakeven,
⇒ \(Total \ revenue=Total \ cost\)
⇒ \(125x=50000+100x\)
On subtracting "100x" from both sides,
⇒ \(125x-100x=50000+100x-125x\)
⇒ \(25x=50000\)
⇒ \(x=\frac{50000}{25}\)
⇒ \(=2000 \ units\)
where does telephone and printing goes in the trial balance
Answer:
Printing and Stationery expenses are indirect expenses. Therefore, these expenses are shown in expenses side of profit and loss account, so it will be in credit side of trial balance.
a financial exchange will need to occur. Evaluate each of the following types of financial exchanges and recommend the best option for the exchange.
(a) Cash
(b) Credit
(c) Debit
(d) Electronic Funds Transfer (EFT)
Financial exchange can be of different types however the best option for exchange is A. Cash.
What is Credit?Credit is the type of transfer of financial assets, this transfer includes financial institutions in this type the funds are transferred.
Debit
An exchange type is debit which is the transfer of financial liabilities in return of a consideration, One party transfer a good or service and instead of payment the party which transferred goods also transfers some liabilities.
Electronic Funds Transfer (EFT) is the exchange which is completely online and transfer is made through financial institutions, this transfer is quick.
Cash is the most preferred mode of exchange and therefore this is considered as the best option. Cash is paid in hand, it has the lowest risk of false transfer.
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You are managing a project and your customer does not know which features they want in the end product. How can Agile help solve your customer’s problem? Select all that apply.
a. Agile helps your team frequently and quickly get customer feedback. This enables you to make changes as needed and give your customer the product they really want.
b. Agile helps you create a product requirements document, formally-approved project plans, and a change control board, with the aim of protecting the team from building something that the customer doesn't want and minimizing any changes.
c. Agile enables you to produce more than one version of the product. Then, the customer can decide which one they prefer.
d. Agile acknowledges the fact that things change and is designed to embrace these changes as your project progresses.
The Agile solve the customer's problem by using the following method:
a. Agile helps your team frequently and quickly get customer feedback. This enables you to make changes as needed and give your customer the product they really want.
d. Agile acknowledges the fact that things change and is designed to embrace these changes as your project progresses.
Agile is a project management approach that prioritizes flexibility and collaboration. When your customer is unsure about the features they want in the end product, Agile can help solve their problem in several ways. Let's take a closer look at the options listed above:
a. Agile helps your team frequently and quickly get customer feedback: Agile emphasizes regular and close interaction between the project team and the customer.
b. Agile helps you create a product requirements document, formally-approved project plans, and a change control board: This option is not correct as Agile typically discourages the creation of extensive documentation and formal processes.
c. Agile enables you to produce more than one version of the product: This option is not directly applicable in the context of a customer who doesn't know what they want.
d. Agile acknowledges the fact that things change and is designed to embrace these changes as your project progresses: Agile acknowledges that the requirements and expectations of a customer can change throughout a project, and it is designed to accommodate these changes.
In conclusion, Agile is well-suited to solve the problem of a customer who doesn't know what they want by enabling regular feedback, prioritizing flexibility and adaptability, and embracing changes as they occur.
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The following data represent the means for each treatment condition in a two-factor experiment. What pattern of results is shown in the data?
A1 A2
B1 M = 20 M = 20
B2 M = 30 M = 50
Given the following data depicts the means for each treatment condition in a two-factor experiment, the pattern shown is that the main effects for both factors and interaction.
What is an interaction in a two-factor experiment?If the average change in reaction across all levels of one component is not the same at all levels of the other factor, we say the factors interact.
A two-factor factorial design is an exploratory study that collects data for all potential values of the two factors of interest. A balanced two-factor factorial design is achieved by using equal sample sizes for each of the potential factor combinations.
Put differently, a two-factor statistical technique is an experimental design that collects data for all potential values of the two factors of interest. The design is a balanced two-factor factorial design if equal sample sizes are used for each of the possible factor combinations.
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an employer who bullies his/her employee by patronizing
An employer who bullies his/her employee by patronizing engages in abusive behavior that undermines the employee's confidence and self-worth.
When an employer patronizes an employee, they belittle or condescend to them in a demeaning manner. This behavior can manifest through sarcastic remarks, dismissive attitudes, or treating the employee as inferior. By engaging in patronizing behavior, the employer seeks to exert power and control over the employee, creating an intimidating and hostile work environment.
Bullying in the workplace, including patronizing behavior, has serious negative effects on the targeted employee's well-being and overall job satisfaction. It erodes their self-esteem, causes emotional distress, and can lead to increased stress and anxiety. The employee may feel undervalued, demotivated, and marginalized, which can negatively impact their performance and productivity. Moreover, a workplace culture that tolerates or condones such behavior can contribute to low morale, high turnover rates, and a toxic work environment.
Employers have a responsibility to create a supportive and respectful work environment. Bullying behavior, including patronizing, is not only detrimental to the targeted employee but also undermines the overall productivity and success of the organization.
Employers should prioritize fostering a culture of inclusivity, open communication, and mutual respect to ensure the well-being and satisfaction of their employees. Implementing clear policies against bullying, providing training on respectful workplace practices, and addressing any reported incidents promptly and appropriately are crucial steps in combating such behavior and promoting a healthy work environment.
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Tim Horton wants to raise funds to open a branch of their coffee shop in Trinidad. To raise the funds, Tim Horton would sell bonds 100 $1,000 par value with a coupon interest rate of 6%. The bonds would mature in 15 years and interest would be paid semi-annually. The required rate of return is expected to be 8%.
Requirement:
a) Calculate the value of one bond
b) What is the total amount Tim Horton would raise if all bonds were sold?
Answer:
a) The value of one bond is $837.08.
b) The total amount Tim Horton would raise if all bonds were sold is $83,708.
Explanation:
a) Calculate the value of one bond
This can be calculated as follows:
Annual coupon = Bond face value * Coupon interest rate = $1,000 * 6% = $60
Annual coupon discount factor = ((1 - (1 / (1 + r))^n) / r) .......... (1)
Where;
r = required semi-annual rate of return = required annual rate of return / number of semi-annual in a year = 8% / 2 = 0.08 / 2 = 0.04
n = number of semi-annuals = number of years * number of semi-annual in a year = 15 * 2 = 30
Substituting the values into equation (1), we have:
Semi-annual coupon discount factor = ((1-(1/(1 + 0.04))^30) / 0.04) = 17.2920333006645
Present value of coupon = ((Annual coupon / number of semi-annual in a year) * Semi-annual coupon discount factor) = (($60 / 2) * 17.2920333006645 = $528.76
Present value of the face value of the bond = Face value of the bond / (1 + r)^n = ($1,000 / (1 + 0.04)^30 = $308.32
Therefore, we have:
Bond value = Present value of coupon + Present value of the face value of the bond = $528.76 + $308.32 = $837.08
Therefore, the value of one bond is $837.08.
b) What is the total amount Tim Horton would raise if all bonds were sold?
Number of bonds expected to be sold = 100
Value of one bond = $837.08
Total amount that would be raised = Number of bonds expected to be sold * Value of one bond = 100 * $837.08 = $83,708
Therefore, the total amount Tim Horton would raise if all bonds were sold is $83,708.