Exam 1: Review and Applications of Basic Mathematics
Exam 1: Review and Applications of Basic Mathematics369 Questions
Exam 2: Review and Applications of Algebra453 Questions
Exam 3: Ratios and Proportions272 Questions
Exam 4: Mathematics of Merchandising260 Questions
Exam 5: Cost-Volume-Profit Analysis96 Questions
Exam 6: Simple Interest285 Questions
Exam 7: Applications of Simple Interest128 Questions
Exam 8: Compound Interest: Future Value and Present Value282 Questions
Exam 9: Compound Interest: Further Topics and Applications331 Questions
Exam 10: Annuities: Future Value and Present Value232 Questions
Exam 11: Annuities: Periodic Payment, Number of Payments, and Interest Rate235 Questions
Exam 12: Annuities: Special Situations167 Questions
Exam 13: Loan Amortization: Mortgages108 Questions
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Evaluate the answer correct to the cent: 160 - 2[-4 ×32 + 125 ¸52 + 8(4 - ( - 3)]
(Short Answer)
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Breanne sews for a clothing manufacturer. She is paid $7.50 per hour plus a piece rate that depends on the type of garment in production. The current production run is men's shirts, for which she is paid $3.00 for each unit exceeding her quota of 20 shirts in an 8-hour shift. What will be her total pay for a regular workweek in which her output on successive days was 24, 26, 27, 28, and 30 shirts?
(Short Answer)
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At the start of the year, the marketing department of a large corporation was given a budget of $92,000 to spend. Actual spending amounted to $63,000 on advertising. Actual spending represents 87% of their budget.
(True/False)
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Nitin is paid on a graduated commission scale. His base salary is $1,500 per month and he receives commission at the rate of 2% for the first $10,000 of sales in a month, 3% on the next $20,000, and 4.5% on all further sales. How much will Nitin earn in a month in which his sales are $60,000?
(Multiple Choice)
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Calculate the PST on a sweater costing $59.95 in Saskatchewan, Alberta, and Quebec. Use TABLE 1.2 as reference for the PST rates of the individual provinces.
(Multiple Choice)
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Monica's net pay is 81% of her gross pay. Her net pay for two weeks is $1069.20. What is her gross pay for two weeks?
(Short Answer)
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The total assessed value of property in Brockton has risen by $97 million from last year's figure of $1.563 billion. The property tax rate last year for city services was $0.94181 per $100 of assessed value. If the city's budget has increased by $750,000, what tax rate should it set for the current year?
(Short Answer)
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A car with a sticker price of $25,000 was purchased. With GST at 5% and PST at 7%, the final cost of the car was $28,000
(True/False)
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Evaluate the answer to one decimal place : (54 - 36) ¸ (4 + 2)2
(Short Answer)
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Below is a list of the weekly sales for a retail company. Monday $3,500.78
Tuesday $6,250.46
Wednesday $7468.33
Thursday $8,554.90
Friday $13,876.99
Saturday $22,897.43
Calculate the average sales for the week.
(Multiple Choice)
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A restaurant owner set her menu prices at a defined percentage of her input costs for food, ingredients, and beverages. The prices as a percentage of these costs are 300% for appetizers, 200% for entrees, 225% for desserts, and 250% for beverages. The restaurant's revenue breaks down as follows: 10% from appetizers, 50% from entrees, 25% from beverages, and 15% from desserts. On average, what are menu prices as a percentage of the basic input costs? Overall, what are the input costs as a percentage of revenue?
(Short Answer)
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