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100 | business | A loan is made on December 17 for a time period of 120 days. When is it due (not a leap year)?
A. April 12
B. April 15
C. April 17
D. May 15
E. April 14
F. April 18
G. April 13
H. March 17
I. May 1
J. April 16 | J |
101 | business | A $39.90 radio can be purchased on the installment plan for $5.00 down and $3.10 a month for a year. What is the annual interest rate for this installment purchase?
A. 15%
B. 14%
C. 20%
D. 8%
E. 10%
F. 19.8%
G. 12.2%
H. 17.5%
I. 5%
J. 25% | G |
102 | business | An electric sign in Times Square cost $4,500. It has an expected life of 11,250 hours after which it will have a scrap value of $450. What is the depreciation charge for a month in which it was used 478 hours?
A. $185.00
B. $150.00
C. $190.00
D. $172.08
E. $210.00
F. $195.00
G. $180.00
H. $200.00
I. $160.00
J. $165.00 | D |
103 | business | While on a trip to St. Louis, Howard Travers made the following purchases: 10 gal @ 33.9 \textcent 14 gal @ 32.9 \textcent 12 gal @ 31. 9 \textcent 8 gal @ 29.9 \textcent What was the average cost per gallon, to the nearest tenth of a cent?
A. 34.1 cents
B. 32.3 cents
C. 31.4 cents
D. 30.9 cents
E. 31.8 cents
F. 35.0 ... | B |
104 | business | The owner of a small store plans on purchasing $1,500 worth of goods to be marked up 40% based on the selling price. Of this he will have purchased $200 worth of "floor goods", which will sell for $250. If he is to maintain the desired 40% markup on the total purchase, what markup % is needed on the balance of the purc... | A |
105 | business | Mr. Carson signed a note as payment for a debt on March 15. If the note had a term of two months, what was its maturity date?
A. May 13
B. May 16
C. August 15
D. March 15
E. April 15
F. April 14
G. May 14
H. June 15
I. July 15
J. May 15 | J |
106 | business | John Wilson retired at age 62 with average yearly earnings of $5400. His wife was also 62 when he retired. How much do the Wilsons receive each month?
A. $262.15
B. $294.50
C. $475.00
D. $200.50
E. $5400
F. $410.80
G. $345.70
H. $150.25
I. $125.00
J. $94.00 | B |
107 | business | Mr. Howard owns a house worth $16,500 which is assessed at the rate of 22%. His tax rates are as follows: $.41 per $100 for a local college fund $.02 per $100 for special education $.001 per $100 for health and welfare $.089 per $100 for community construction How much tax does Mr. Howard pay for each of these needs? W... | J |
108 | business | It has been found that hours of recreation (r) and wages (W) have a direct effect on productivity (P), so that : P =ar+bW. In two surveys it was found that Survey 1P = 170 : r = 51 : W = 136 Survey 2P = 425 : r = 68 : W = 204 What are the values of a and b ?
A. a = 4, b = 1.5
B. a = 51, b = 136
C. a = 2, b = 1.25
D. a... | D |
109 | business | A sum of money is borrowed for a term of 1 year, discounted at the rate of 6%. What is the true rate of interest charged? What would the true rate of interest be for the same sum of money discounted at an 8% rate? (Record answers to the nearest tenth of 1%.)
A. 6.7%, 8.4%
B. 6.4%, 8.7%
C. 6.8%, 8.9%
D. 6.3%, 8.1%
E. 5... | B |
110 | business | Mr. Casey purchased office furniture for $725. It has an estimated salvage value of $25.00 at the end of 10 years. Using the sum-of-the-years-digits method, find the depreciation for the fourth year.
A. $65.50
B. $100
C. $95
D. $55
E. $130.15
F. $700
G. $120.25
H. $725
I. $89.09
J. $72.25 | I |
111 | business | Steven Fox is a salesman for the Maxi-Power Vacuum Cleaner Co. He receives $32.50 for each cleaner he sells, plus a 25% commission on all the accessories and supplies he sells. Find his total income for the month during which he sells 14 cleaners and $237.40 worth of accessories and supplies.
A. $514.35
B. $595.50
C. ... | A |
112 | business | A radio costing $38.00 plus 3% excise tax and 4% sales tax may be purchased for $10.00 down and 3 payments of $11.60. (A) What is the cash price of the radio? (B) What is the installment price of the radio?
A. Cash price: $40.71, Installment price: $49.80
B. Cash price: $42.00, Installment price: $45.80
C. Cash price:... | C |
113 | business | A bulldozer that the Columbus Construction Co. purchased for $15,500, will have a trade-in value of $2,600 after five years. What is the book value at the end of the first three years, if the company uses the sum-of-the- years-digits method?
A. $8,250
B. $6,500
C. $5,180
D. $9,360
E. $4,120
F. $11,000
G. $15,500
H. $2... | C |
114 | business | Mr. Langham decides to take a loan from his bank for $60 at a nominal rate of 6%. If he agrees to repay the loan in equal installments over a period of 15 months, how much will each of the monthly payments be?
A. $4.60
B. $5.00
C. $4.70
D. $60
E. $4.00
F. $4.50
G. $4.10
H. $4.30
I. $3.80
J. $64.50 | H |
115 | business | A television sells for $226.50. The markup is 30% based on the cost. Find the cost.
A. $200.50
B. $145.00
C. $152.35
D. $190.20
E. $165.35
F. $180.40
G. $158.90
H. $198.75
I. $210.00
J. $174.23 | J |
116 | business | Assume that some function, K = F (i) is the cost of the production and marketing of a product, and the total cost (K) is solelydependantupon the number of items produced, whereistands for the number of items produced. Then, the average rate of change in cost = {change in total cost / change in number of items) ; (\Delt... | H |
117 | business | The Motor-Cade Auto Supply Company is taking inventory for the quarter ending June 30. It discovers that it has150 cans of Q-56 motor oil on hand. Records reveal the following information: Quantity Cost per Can Inventory, April 1 130 $.36 Purchase, April 15 100 $.365 Purchase, May 23 180 $.40 Purchase, June 29 120 $.42... | D |
118 | business | What is the net price of a calculator list-priced at $100.00 and discounted at 40% and 25%?
A. $30
B. $45
C. $55
D. $35
E. $50
F. $40
G. $75
H. $60
I. $70
J. $65 | B |
119 | business | What are the three differing types of stakeholder theory according to Donaldson and Preston (1995)?
A. Normative, Moral and Economic
B. Normative, Descriptive and Economic
C. Political, Descriptive and Economic
D. Normative, Instrumental and Economic
E. Normative, Descriptive and Political
F. Normative, Political and ... | I |
120 | business | _______ theory can be described as a code of conduct to which all rational beings should adhere. This contrasts with ________ morality which is the code of conduct adopted by a particular group or society.
A. Descriptive, Ethical
B. Normative, Prescriptive
C. Normative, Ethical
D. Normative, Descriptive
E. Ethical, No... | D |
121 | business | Although the benefit and contribution of civil society in encouraging sustainability, lobbying on important issues and helping the needy are taken for granted in many places, in many other countries, such as _____ and ______ civil society is far less developed than in, for instance, _______.
A. United States, Canada,... | J |
122 | business | Which of the following is not one the underlying principles of the corporate governance Combined Code of Practice?
A. Accountability
B. Openness
C. Adaptability
D. Dependability
E. Acceptability
F. Integrity | E |
123 | business | There are three main types of buying situations in an organization, referred to by Robinson, Faris, and Wind (1967) as _____________.
A. Spend classes.
B. Buygroups.
C. Buysets.
D. Tenders.
E. Procurements.
F. Buyphases.
G. Repeat purchases.
H. Buyclasses.
I. Buyorders.
J. Purchase categories. | H |
124 | business | Which of the following are aimed at providing customers with the peace of mind of knowing that the company they are purchasing from is competitive in price?
A. Price competitiveness.
B. Price comparison tools.
C. Price adjustment policies.
D. Price discrimination.
E. Reference prices.
F. Price negotiation strategies.... | H |
125 | business | These objectives are often the most suitable when firms operate in a market dominated by a major competitor and where their financial resources are limited.
A. Expansion objectives.
B. Market objectives.
C. Hold objectives.
D. Harvest objectives.
E. Divest objectives.
F. Niche objectives
G. Growth objectives.
H. Comp... | F |
126 | business | The primary objective of team-based selling is to
A. ensure that every team member gets to interact with the customer
B. create multiple points of contact between the customer and the company
C. provide a single point of contact for the customer with the company
D. match various functional areas of the company with cu... | D |
127 | business | With this pricing approach, the pricing process begins with the customer; not the cost of the product offering:
A. Penetration pricing.
B. Skimming pricing.
C. Competitive pricing.
D. Premium pricing.
E. Cost-based pricing.
F. Sales pricing.
G. Value-based pricing.
H. Dynamic pricing. | G |
128 | business | ___________ is based on the idea that customer expectations of the service they will receive shape their perception of the actual service encounter.
A. Service adjustment.
B. Service performance.
C. Service expectation.
D. Service satisfaction.
E. Service action.
F. Service perception.
G. Service recovery.
H. Service ... | J |
129 | business | Which one of the following political leaders could not be termed a 'transformational' leader?
A. Margaret Thatcher
B. Martin Luther King Jr.
C. Nelson Mandela
D. Mahatma Gandhi
E. Bill Clinton
F. Barack Obama
G. Jawaharlal Nehru
H. Franklin D. Roosevelt
I. Winston Churchill
J. Mikhail Gorbachov | E |
130 | business | What is a paradigm?
A. A philosophical belief
B. A research methodology
C. An example serving as a model
D. A theoretical assumption
E. A practical application of a theory
F. A statistical analysis
G. An experimental hypothesis
H. A theoretical model
I. An illustration
J. A proven scientific law | C |
131 | business | According to Belbin (1981) an extroverted and enthusiastic person fits with what role?
A. Implementer
B. Problem Solver
C. Specialist
D. Resource investigator
E. Completer Finisher
F. Innovator
G. Monitor Evaluator | D |
132 | business | What is the term for organisational development through a formally designed organisational structure?
A. Mechanistic
B. Operational
C. Hierarchical
D. Organic
E. Processual
F. Formal
G. Strategic | A |
133 | business | Carl the clothier owns a large garment factory on an isolated island. Carl's factory is the only source of employment for most of the islanders, and thus Carl acts as a monopsonist. The supply curve for garment workers is given by l = 80w, where l is the number of workers hired and w is their hourly wage. Assume also t... | A |
134 | business | If the annual earnings per share has mean $8.6 and standard deviation $3.4, what is the chance that an observed EPS less than $5.5?
A. 0.4112
B. 0.2345
C. 0.3571
D. 0.0625
E. 0.2756
F. 0.5000
G. 0.1814
H. 0.1587
I. 0.0923
J. 0.3035 | G |
135 | business | Traders in major financial institutions use the Black-Scholes formula in a backward fashion to infer other traders' estimation of $\sigma$ from option prices. In fact, traders frequently quote sigmas to each other, rather than prices, to arrange trades. Suppose a call option on a stock that pays no dividend for 6 month... | A |
136 | business | John's Lawn Mowing Service is a small business that acts as a price-taker (i.e., MR = P). The prevailing market price of lawn mowing is $20 per acre. John's costs are given by total cost = 0.1q^2 + 10q + 50, where q = the number of acres John chooses to cut a day. Calculate John's maximum daily profit.
A. 130
B. 225
C... | F |
137 | business | You are asked to determine the price of a European put option on a stock. Assuming the Black-Scholes framework holds, you are given: (i) The stock price is $100. (ii) The put option will expire in 6 months. (iii) The strike price is $98. (iv) The continuously compounded risk-free interest rate is r = 0.055. (v) δ = 0.0... | D |
138 | business | Calculate the interest rate (between 0 and 1) for an account that started with $5,000 and now has $13,000 and has been compounded annually for the past 12 years. Answer with the numeric value.
A. 0.0756
B. 0.0999
C. 0.0871
D. 0.0932
E. 0.1100
F. 0.0695
G. 0.0500
H. 0.0587
I. 0.0828
J. 0.0654 | I |
139 | business | Universal Fur is located in Clyde, Baffin Island, and sells high-quality fur bow ties throughout the world at a price of $5 each. The production function for fur bow ties (q) is given by q = 240x - 2x^2, where x is the quantity of pelts used each week. Pelts are supplied only by Dan's Trading Post, which obtains them b... | J |
140 | business | Suppose there is a 50-50 chance that an individual with logarithmic utility from wealth and with a current wealth of $20,000 will suffer a loss of $10,000 from a car accident. Insurance is competitively provided at actuarially fair rates. Compute the utility if the individual buys full insurance.
A. 8.954
B. 9.616
C. ... | B |
141 | business | Assume the Black-Scholes framework. For $t \ge 0$, let $S(t)$ be the time-$t$ price of a nondividend-paying stock. You are given:
(i) $S(0)=0.5
(ii) The stock price process is $\frac{dS(t)}{S(t)} = 0.05dt+0.2dZ(t)$ where $Z(t)$ is a standart Brownian motion.
(iii) $E[S(1)^\alpha]=1.4$, where $\alpha$ is a negative cons... | A |
142 | business | A teacher wants to invest $30,000 into an account that compounds annually. The interest rate at this bank is 1.8%. How much money will be in the account after 6 years?
A. 30180.00
B. 37000.00
C. 34567.89
D. 35000.00
E. 36000.00
F. 33389.35
G. 32700.00
H. 32000.00
I. 31000.00
J. 33850.00 | F |
143 | business | Mr. Smith purchased a car for $4250. He was allowed $500 for his old car as a down payment. The balance was paid in 25 equal monthly payments of $180. What was the interest rate (nearest 10th of 1%)? Use the constant ratio formula.
A. 22.5%
B. 18.5%
C. 14.5%
D. 16.5%
E. 20.5%
F. 17.5%
G. 21.5%
H. 13.5%
I. 15.5%
J. 19.... | B |
144 | business | Amalgamated Corp. offered one of its Vice Presidents an option to purchase 1000 shares of its common stock on June 21 at 95% of its average price for the day. If Amalgamated' s high for the day was 19(3/8) and its low was 18(3/4), at what price per share was the option awarded?
A. $17.875 per share
B. $19.0625 per sha... | E |
145 | business | Parks Wholesalers are offering a chain discount of 25-10-5% on sofas. What is an equivalent single discount for this series?
A. 36.5%
B. 50%
C. 32.5%
D. 35.875%
E. 37.5%
F. 34%
G. 38%
H. 40%
I. 30%
J. 25% | D |
146 | business | Mr. Singer insured his house for $36,000 with a policy containing an 80% coinsurance clause. If the house has a value of $45,000 and he suffers a fire loss of $10,500, how much will the insurance company pay?
A. $9,000
B. $8,500
C. $7,875
D. $9,450
E. $6,000
F. $11,000
G. $12,000
H. $8,400
I. $7,200
J. $10,500 | J |
147 | business | Kirk and Martin are partners and have agreed that, after interest at 6% is allowed on average investment, Kirk will receive one third and Martin two thirds of the remaining profits. On Jan. 1, Kirk's net worth was $72,000 and Martin's was $63,000. Kirk withdrew $3,000 on July 1 and made an additional investment of $1,2... | F |
148 | business | In the event of bankruptcy, what is the order of payment of bonds, common stock, and preferred stock?
A. Common stockholders and preferred stockholders equally, then bondholders
B. Common stockholders, preferred stockholders, bondholders
C. Bondholders equally with preferred stockholders, then common stockholders
D. P... | F |
149 | business | Distribution of overhead is based on floor space. Department Aoccupied 8,100 sq. ft. of the 121,500 sq. ft. of space used byHar-rison Manufacturing Company. Find department A's shareof overhead based on floor footage for a month in whichthe total overhead of the Harrison Manufacturing Company was $97,500.
A. $97,500
B... | H |
150 | business | John's $200 earns interest at the rate of 5% for one year, compounded quarterly. Show how he would calculate the interest without the aid of a formula or a table.
A. $10.50
B. $12.62
C. $5.00
D. $15.25
E. $11.03
F. $21.55
G. $10.19
H. $8.75
I. $10.00
J. $20.00 | G |
151 | business | A savings account containing $2000 earned 4% interest, compounded quarterly for 3 years, and then 5% interest, compounded semiannually, for the next two years. What was the final balance in the savings account? How much interest did it earn? (Use 6 decimals in table factor.)
A. $2430.25 and $430.25
B. $2487.61 and $48... | B |
152 | business | The sinking-fund-payment factor fori= 5(1/2)% = 4 is 0.2303. For the sameiand n, find the (a) uniform-series compound-amount factor, (b) capital-recovery factor, (c) uniform-series present- worth factor.
A. USCA = 4.2303, CR = 0.2853, USPW = 3.5051
B. USCA = 4.2222, CR = 0.2753, USPW = 3.5751
C. USCA = 4.3422, CR = 0.... | C |
153 | business | A bedroom set with a cash value of $720 can be purchased on the installment plan for 18 monthly payments of $47.20 each. What is the annual interest rate?
A. 25%
B. 15%
C. 18%
D. 21%
E. 16.8%
F. 23.5%
G. 19.5%
H. 22.7%
I. 20%
J. 24% | H |
154 | business | Mr.Tencerhas a $10,000 mortgage at a rate of 6% payable in 10 years. After five years, Mr.Tencerowes $7,000 and decides to pay the total amount remaining. If there is a 3% prepayment penalty, what is the total amount Mr.Tencerhas to pay?
A. $6,800
B. $7,430
C. $7,500
D. $7,100
E. $210
F. $7,000 with no prepayment pena... | H |
155 | business | Mr. Golden owns property with a market value of $16,500. The property is located in a city where assessed valuation is 40% of actual value. If the tax rate in the city is 21.3 mills per dollar, how much does Mr. Golden pay in real estate taxes?
A. $69.30
B. $280.76
C. $175.95
D. $190.65
E. $120.50
F. $220.00
G. $140.5... | G |
156 | business | What is the difference in annual premiums of a $10,000 20-payment life policy purchased at age 30, as opposed to the same policy purchased at age 20?
A. $10.00
B. $63.10
C. $19.84
D. $40.05
E. $48.90
F. $12.65
G. $24.73
H. $75.20
I. $35.50
J. $58.30 | E |
157 | business | Tim is a salesman who earns a guaranteed salary of $4800/year plus 4% of all sales up to $12,000; 5% of sales from $12,000 to $20,000; 6% of sales over $20,000 in any month. Last month Tim's sales were $21,750. Compute his gross earnings for last month.
A. $6125
B. $5895
C. $4875
D. $5785
E. $5950
F. $5630
G. $5675
H.... | D |
158 | business | The Stadlow family, consisting of two adults and two children, went to the amusement park. The rides at the park are 75 cents for adults and 50 cents for children. Mr. Stadlow has $10, how many rides can the family go on?
A. 7 rides
B. 11 rides
C. 4 rides
D. 8 rides
E. 6 rides
F. 3 rides
G. 5 rides
H. 12 rides
I. 9 ri... | C |
159 | business | Mr. Owens accepted a draft dated July 11 for $544.20 at 4% with a term of 3 months. He discounted it August 2 at 5%. The bank charged a (1/8)% collection fee. What were the proceeds?
A. $540.00
B. $550.00
C. $549.64
D. $546.00
E. $544.20
F. $548.30
G. $542.75
H. $543.61
I. $541.50
J. $5.44 | H |
160 | business | Mr. Stone decides to take a loan from his bank to purchase a new car. If he borrows $4,000 for ninety days at 6 percent discount, how much will he actually receive?
A. $4,000
B. $3,880
C. $3,960
D. $4,120
E. $3,860
F. $3,940
G. $3,800
H. $3,760
I. $4,060
J. $3,900 | F |
161 | business | ACEPLUS SALES COMPANY wants to pay its employees a bonus as an incentive. It is decided that 70% of the labor-cost savings for the quarter will be distributed to the employees. The employer will retain 30%. The quarterly sales information is: Total Sales Total Labor cost $100,000. $32,000. The standard total cost of la... | H |
162 | business | During a 6-month heating season, a homeowner expects to average $40 a month for fuel oil. He has purchased the following amounts to date: $37.50, $42.60, $39.80, $40.75, $44.10. What amount will he spend during the last month to maintain the expected average?
A. $32.90
B. $46.00
C. $30.00
D. $41.20
E. $45.25
F. $35.25... | F |
163 | business | Jack receives a 5% commission on all sales. If his sales for the week are $1,200, how much commission does he earn?
A. $240
B. $12
C. $150
D. $60
E. $600
F. $30
G. $50
H. $5
I. $300
J. $120 | D |
164 | business | Mr. Atlas had a note for $45,000. He discounted it at his bank 120 days before it was due. The bank's discount rate was 6%. Find Mr. Atlas' proceeds.
A. $43,800
B. $43,500
C. $45,900
D. $900
E. $45,000
F. $44,500
G. $44,700
H. $43,950
I. $44,100
J. $44,250 | I |
165 | business | Two pumping systems are being considered for use on a project. The gasoline pump will cost $3,500, has a 6 year life year, and a $500 salvage value. Annual operating and repair costs would be $2,000 the first year, and would rise $300 each succeeding year. The electric pumping system costs $12,000, has a life of 6 year... | F |
166 | business | Mrs. Reeves accepted a note for $815.50 at 6% with a four month term on December 10. On January 10 she had it discounted at 6(1/2)%. A (1/8)% charge for collection when due was also made. How much did she receive?
A. $805.75
B. $832.50
C. $815.50
D. $790.50
E. $799.25
F. $831.81
G. $820.00
H. $817.25
I. $800.00
J. $81... | H |
167 | business | John's-Rent-A-Truck purchased a van for $4,500. The truck isexpected to last 100,000 miles, and then have a trade-in valueof $500. What is the cost of deprecia-tion per mile?
A. $0.025 per mile
B. $0.02 per mile
C. $0.01 per mile
D. $0.03 per mile
E. $.04 per mile
F. $0.07 per mile
G. $0.08 per mile
H. $0.05 per mile
... | E |
168 | business | Daniel receives at 6.5% commission on all sales. If he received a $275.08 commission, what were his sales?
A. $2600
B. $4000
C. $3500
D. $4750
E. $4243
F. $5000
G. $3200
H. $4230
I. $3000
J. $4500 | E |
169 | business | The Global Bus Company purchases a bus for $40,000, and depreciates it on a straight-line basis for five years. What is the book value of the bus after 2 years of service?
A. $16,000
B. $12,000
C. $28,000
D. $20,000
E. $18,000
F. $24,000
G. $32,000
H. $8,000
I. $36,000
J. $26,000 | F |
170 | business | On January 1, 1964, Stead and Company purchased a delivery truck for $4,000. It is estimated that the truck will have a useful life of four years, and that at the end of that time it will have a salvage value (resale value) of $400. It is expected that the truck will be used for 72,000 miles. Find the depreciation per ... | H |
171 | business | Jim Miller bought a vacuum cleaner priced at $69.75, with a 5% discount. The state sales tax was 3% and the city sales tax was 4%. How much did Jim pay for the cleaner?
A. $67.80
B. $72.15
C. $70.90
D. $74.39
E. $71.25
F. $69.99
G. $75.60
H. $66.26
I. $73.19
J. $68.50 | C |
172 | business | The McDougall Company produces and sells two qualities of carpet. The better quality carpeting sells for $6.00 per yard and has variable costs of 70 percent of sales. The other type costs $3.00 per yard and has variable costs of 60 percent of sales. Total fixed costs of both types of carpet combined are $122,200. If bo... | B |
173 | business | Mr. Haskell has decided to buy a rental property. The building costs $50,000 and the land costs $30,000. The annual rent income is estimated to be $10,450 and the annual expense, $3,200. Mr. Haskell plans to depreciate the building by the straight line method over 40 years. Mr. Haskell wants to choose the best of three... | I |
174 | business | Costs for producing one widget: Materials:2 parts (a) $25.00 per part Expenses :$10.00 Labor :20 operations (a) $5.00 per operation Based on the above information, which is the only valid conclusion? (A) The selling price should be $160 per widget. (B) labor rates are excessive (C) output is labor intensive (D) materia... | B |
175 | business | A $250 stove can be purchased under the installment plan for a $25 down-payment and 12 monthly payments of $20. What is the financing charge?
A. $10
B. $50
C. $40
D. $45
E. $25
F. $15
G. $35
H. $55
I. $30
J. $20 | F |
176 | business | Given that the cost of mimeographing x number of copies is C(x) = 0.005x + [(4500) / x], what is the number of copies that will minimize the cost?
A. 700 copies
B. 949 copies
C. 600 copies
D. 1200 copies
E. 500 copies
F. 2000 copies
G. 1000 copies
H. 1500 copies
I. 300 copies
J. 800 copies | B |
177 | business | Paul took a loan of $384.75 for 60 days at 6% interest. How much interest did he pay?
A. $3.85
B. $1.15
C. $2.50
D. $5.75
E. $6.00
F. $4.15
G. $2.75
H. $7.25
I. $4.50
J. $5.00 | A |
178 | business | Williamsville has a total assessed valuation of property of $6,250,000.The town requires $360,000 for educational purposesand $115,000 for health and welfare needs. What isthe town's tax rate in dollars per $100.
A. $6.50 per $100
B. $7.80 per $100
C. $5.50 per $100
D. $9.20 per $100
E. $8.60 per $100
F. $7.60 per $10... | F |
179 | business | A bicycle selling for $82 can be purchased on the installment plan with no down-payment, but a 10% per year finance charge. How much should each of the monthly payments be to pay off the bicycle in six months?
A. $15.85
B. $13.85
C. $13.65
D. $14.85
E. $12.35
F. $13.35
G. $14.35
H. $12.85
I. $15.35
J. $16.35 | G |
180 | business | A typewriter is priced at $80, less series discounts of 20%, 10%, 5%. What is the net price?
A. $62.40
B. $56.00
C. $54.72
D. $52.00
E. $46.08
F. $60.00
G. $48.00
H. $50.00
I. $58.40
J. $65.00 | C |
181 | business | (A) How many gallons are there in 12 liters? (B) How many liters are there in 10 quarts? Metric to Customary Units Customary to Metric Units 1 liter = 1.057 quarts .264 gallon 1 quart = .946 liter 1 gallon = 3.785 liters 1 milliliter = .0338 ounce 1 ounce = 29.57 milliliters
A. (A) 3.168 gallons (B) 11 liters
B. (A) 2... | F |
182 | business | PhilLeFrancpurchased (25 / 50) bodily injury insurance and $10,000 property damage insurance.The base premium for thebodily injury insurance was $101, while the base premiumfor the property damage coverage was $48. If Phil hada total factor of 1.37 for bodily injury and a total factor of 1.10forproperty damage, what wa... | I |
183 | business | A portable color television, listed at $280, is being sold at a discount, net price $196. What is the discount rate?
A. 50%
B. 20%
C. 28%
D. 30%
E. 40%
F. 45%
G. 15%
H. 25%
I. 10%
J. 35% | D |
184 | business | ______ are the obligations of workers towards their employer, based on individual contracts and wider employment laws.
A. Employer rights
B. Employer benefits
C. Employee rights
D. Employment laws
E. Employee duties
F. Employee contracts
G. Employer obligations
H. Employer duties
I. Employee benefits | E |
185 | business | _______ can be a likened to their natural counterparts, comprising of a balanced network of interdependent organisms and their environments thus adding value to sustainability thinking due to the consideration of companies and industries as being bound together, and interdependent due to all kinds of resources and was... | H |
186 | business | A corporation is ________ from its managers, employees, investors and customers. It therefore has _______ succession and also ________.
A. Indistinguishable, Perpetual, Owns its own assets
B. Independent, Perpetual, Owns its own assets
C. Indistinguishable, Limited, Owns its own assets
D. Independent, Limited, Does no... | B |
187 | business | _______, where actors are convinced that their actions harms nobody, _______ where actors argue that their norm violation is an attempt to realize higher-order values and ________ , where actors argue they are owed something, are all strategies for justifying or denying unethical behaviour.
A. Denial of victim, Appea... | F |
188 | business | Which of the following is the rate at which a market adopts an innovation?
A. Process of differentiation.
B. Adoption lifecycle.
C. Process of diversification.
D. Market adoption scale.
E. Adoption process.
F. Process of market saturation.
G. Product lifecycle.
H. Process of diffusion.
I. Market penetration rate.
J. ... | H |
189 | business | According to the British Government, which of the following is not a marketing function?
A. Work with other business functions and third parties.
B. Develop sales tactics.
C. Promote marketing intelligence.
D. Conduct market research.
E. Oversee product development.
F. Create advertising campaigns.
G. Organize market... | B |
190 | business | On August 4, a store purchased five sofas invoiced at $7,000, terms 2/10 , n/30 . The invoice was paid August 13. The store paid
A. $6,700
B. $7,200
C. $6,900
D. $7,140
E. $7,400
F. $7,000
G. $6,300
H. $6,500
I. $6,860
J. $7,500 | I |
191 | business | This is a part of the communication process where the sender selects a combination of appropriate words, pictures, symbols, and music to represent a message to be transmitted:
A. Encoding.
B. Message formulation.
C. Channel.
D. Interpretation.
E. Feedback.
F. Reception.
G. Transfer.
H. Decoding.
I. Noise.
J. Transmis... | A |
192 | business | Which of the following is the best example of a trade discount?
A. A car dealer offers a discount to a customer in exchange for a used car.
B. A producer offers a discount to retailers for promoting its product during the month of June.
C. A lumberyard offers a discount to a homeowner for buying lumber.
D. A cinema of... | B |
193 | business | Who of the following is a leading writer on contingency theory of leadership?
A. Joan Woodward
B. Warren Bennis
C. Rosabeth Kanter
D. Douglas McGregor
E. Fred Fiedler
F. Rensis Likert
G. John Adair
H. Peter Drucker
I. Abraham Maslow
J. Henry Mintzberg | E |
194 | business | What is not an advantage of a hierarchical structure?
A. Quick response to change
B. Improved employee motivation
C. Small span of control
D. Promotion opportunities
E. Easy to manage
F. Clear responsibilities and roles
G. Discipline and stability
H. Clear chain of command
I. High flexibility
J. Enhanced communication | A |
195 | business | In what order do managers typically perform the managerial functions?
A. planning, leading, controlling, organising
B. leading, controlling, planning, organising
C. organising, leading, planning, controlling
D. leading, planning, organising, controlling
E. organising, planning, controlling, leading
F. controlling, org... | H |
196 | business | Aisha graduates college and starts a job. She saves $1000 each quarter, depositing it into a retirement savings account. Suppose that Aisha saves for 30 years and then retires. At retirement she wants to withdraw money as an annuity that pays a constant amount every month for 25 years. During the savings phase, the ret... | G |
197 | business | Consider an arbitrage-free securities market model, in which the risk-free interest rate is constant. There are two nondividend-paying stocks whose price processes are:
$S_1(t)=S_1(0)e^{0.1t+0.2Z(t)}$
$S_2(t)=S_2(0)e^{0.125t+0.3Z(t)}$
where $Z(t)$ is a standard Brownian motion ant $t\ge0$. What is the continuously comp... | J |
198 | business | You are given: (i) The current exchange rate is 0.011$/¥. (ii) A four-year dollar-denominated European put option on yen with a strike price of $0.008 sells for $0.0005. (iii) The continuously compounded risk-free interest rate on dollars is 3%. (iv) The continuously compounded risk-free interest rate on yen is 1.5%. C... | A |
199 | business | How much would a $100-deductible collision insurance policypay on an accident causing a repair bill of $89.90. How much would be paid against a $50-deductible policy on arepair bill of $76.40 resulting from a collision?
A. $89.90 and $76.40
B. $10.10 and $0
C. $100 and $50
D. $89.90 and $50
E. $39.90 and $26.40
F. $89... | J |
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