On July 1,2018,Mason & Beech Services Issued $33,000 of 10

question 162

Multiple Choice

On July 1,2018,Mason & Beech Services issued $33,000 of 10% bonds that mature in five years.They were issued at par.The bonds pay semiannual interest payments on June 30 and December 31 of each year.On December 31,2018,what is the total amount paid to bondholders?

• A) $1650
• B) $3300
• C) $825
• D) $1100

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Definitions:

Deming's Fourteen Principles

A set of guidelines for managers proposed by W. Edwards Deming to improve product quality, productivity, and competitive position.

Work Force

The collective group of individuals employed in a company or industry, contributing to its productivity through their efforts and skills.

Productivity

The efficiency with which inputs are converted into outputs, often measured in terms of the rate of output per unit of input.

Central Limit Theorem

A statistical principle that states the distribution of sample means approximates a normal distribution as the sample size becomes larger, regardless of the population's distribution.