A) 9,700 B) 97,000 C) 9,700,000 D) 970,000 E) None of these A) 9,700 B) 97,000 C) 9,700,000 D) 970,000 E) None of these

Exam 1: Problem Solving With Math

At a General Electric Plant they produced 12,000 jet engines in May. General Electric was able to sell 11,000 of these engines. Calculate the total ending inventory cost assuming each engine cost $290,000.

(Multiple Choice)

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Question 21

The multiplicand times the product equals the multiplier.

(True/False)

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Question 22

Mike Roland traveled 10,850 miles. His Ford truck averaged 16 miles per gallon. Assuming a gallon of gas cost $2.10, what was Mike's gasoline cost for the trip?

(Multiple Choice)

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Question 23

586 rounded to the nearest ten is 580.

(True/False)

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Question 24

Divide by long division:

(Essay)

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Question 25

True Value Hardware buys 200 snow blowers for $90 each to stock the store for the winter. If True Value sells the 200 snow blowers at $120 each, what is the profit? (sales - cost)

(Multiple Choice)

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Question 26

Professor Burns attended a computer seminar at IBM. The college reimburses Professor Burns at $.41 per mile. Professor Burns traveled 520.4 miles. What will the college pay Professor Burns? (Round to nearest cent.)

(Short Answer)

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Question 27

Art Missan has his oil tank filled 12 times per year. His oil tank has a 300-gallon capacity. Assuming the price of home heating fuel is $3.00 per gallon and the tank is completely empty each time Art has it filled, what is Art's average monthly bill? Try to complete blueprint aid to dissecting a word problem.

(Essay)

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Question 28

Borrowing in subtraction results in changing positional notation.

(True/False)

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Question 29

The opposite of addition is subtraction.

(True/False)

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Question 30

Place value of the hundreds position is to the right of the tens position.

(True/False)

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Question 31

97 * 100,000 equals:

(Multiple Choice)

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Question 32

Adding 1,690 + 88 + 410 + 30 results in a sum of:

(Multiple Choice)

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Question 33

The total of addends is called the sum.

(True/False)

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Question 34

North Shore Community College reimburses faculty members $.298 cents per mile to go to a workshop. Professor Wales submitted her travel log for a total of 650.11 miles. What reimbursement can Professor Wales expect? (Round to the nearest cent.)

(Multiple Choice)

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Question 35

Multiply (round solution to nearest hundredth): 8.143 * 13.281

(Essay)

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Question 36

The first step in rounding is to identify the place value of the digit to be rounded.

(True/False)

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Question 37

Round all-the-way 2,689:

(Multiple Choice)

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Question 38

Sally Ray borrowed $38,000 to buy a new Chevy Volt. Assuming an interest charge of $4,100, what will be her monthly payment if she takes 25 months to repay the loan interest. Assume the loan is repaid in equal payments.

(Multiple Choice)

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Question 39

5.11 times 6.5 equals 33.215.

(True/False)

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Question 40

Showing 21 - 40 of 66

At a General Electric Plant they produced 12,000 jet engines in May. General Electric was able to sell 11,000 of these engines. Calculate the total ending inventory cost assuming each engine cost $290,000.

The multiplicand times the product equals the multiplier.

Mike Roland traveled 10,850 miles. His Ford truck averaged 16 miles per gallon. Assuming a gallon of gas cost $2.10, what was Mike's gasoline cost for the trip?

586 rounded to the nearest ten is 580.

Divide by long division:

True Value Hardware buys 200 snow blowers for $90 each to stock the store for the winter. If True Value sells the 200 snow blowers at $120 each, what is the profit? (sales - cost)

Professor Burns attended a computer seminar at IBM. The college reimburses Professor Burns at $.41 per mile. Professor Burns traveled 520.4 miles. What will the college pay Professor Burns? (Round to nearest cent.)

Borrowing in subtraction results in changing positional notation.

The opposite of addition is subtraction.

Place value of the hundreds position is to the right of the tens position.

97 * 100,000 equals:

Adding 1,690 + 88 + 410 + 30 results in a sum of:

The total of addends is called the sum.

North Shore Community College reimburses faculty members $.298 cents per mile to go to a workshop. Professor Wales submitted her travel log for a total of 650.11 miles. What reimbursement can Professor Wales expect? (Round to the nearest cent.)

Multiply (round solution to nearest hundredth): 8.143 * 13.281

The first step in rounding is to identify the place value of the digit to be rounded.

Round all-the-way 2,689:

Sally Ray borrowed $38,000 to buy a new Chevy Volt. Assuming an interest charge of $4,100, what will be her monthly payment if she takes 25 months to repay the loan interest. Assume the loan is repaid in equal payments.

5.11 times 6.5 equals 33.215.

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Risk Management

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Markups and Markdowns: Perishables and Breakeven Analysis

How to Read, Analyze, and Interpret Financial Reports

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