1. Facebook’s initial IPO was $38 per share. Arianna purchased 616 shares. Assuming a cost of $7.00 to purchase the 616…
1. Facebook’s initial IPO was $38 per share. Arianna purchased 616 shares. Assuming a cost of $7.00 to
purchase the 616 shares, what was Arianna’s total cost?
A. $23,408
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C. $20,000
D. $23,415
2. Which one of the following statements is true about outstanding checks?
A. They’re bank checks.
B. They haven’t been received by the bank for processing.
C. They’ve been paid by the bank.
D. They’re checks returned to the payor.
3. The cost of a regular price ticket to a Saint Louis Cardinal baseball game was $60. During the World
Series, the price increased by 2∕
5. What did the fans pay?
A. $65
B. $84
C. $80
D. $69
4. Matt Kaminsky bought a Volvo that is 33∕
4 times as expensive as the car his parents bought. If his
parents paid $8,000 for theirs, what is the cost of Matt’s car?
A. $28,000
B. $30,000
C. $29,000
D. $26,000
5. Lane is 10 times Mel’s age. If the difference in their age is 27, how old is Mel?
A. 26
B. 3
C. 4
D. 30
6. If 8G = 96, then G equals
A. 12.
B. 21.
C. –21.
D. –12.
7. Jill traveled to Canada and bought a new lamp for $460 Canadian dollars. In U.S. dollars (to the nearest
cent) this is equivalent to
A. $450.52
B. $577.25
C. $517.77
D. $480.66
8. 97 × 100,000 equals
A. 9,700,000.
B. 97,000.
C. 9,700.
D. 970,000.
9. Abby is touring China for four days. The car rental is $38.15 per day plus 121∕
2 cents per mile. If Abby
drives 380.5 miles, how much does she owe the rental company?
A. $200.16
B. $201.16
C. $475.56
D. $152.60
10. At Best Buy a flat screen television with a regular price of $1,790 was reduced by $395. Assuming 800
customers purchased the computer, what were the total sales to Best Buy?
A. $1,116,000
B. $1,160
C. $116,000
D. $1,161,000
11. Solve the following equation for x:
1,000(x – 2) = 75,000
A. 7,700
B. 770
C. 77
D. 7
12. The bank statement of July 31 for Savon Co. showed a balance of $6,008.10, and the checkbook
showed a balance of $1,900.40. The bookkeeper of Savon Co. noticed from the bank statement that the
bank had collected a note for $666.66. There was a deposit in transit made on July 1 for $1,100.10 along
with the outstanding checks of $4,580.54. Check charges were $39.40. What is the reconciled balance?
A. $2,572.66
B. $2,527.66
C. $5,272.66
D. $5,227.66
13. On Tuesday, Pizza Hut sold 60 plain pizzas at $5 each; 20 meatball pizzas at $8 each; 25 Sicilian
pizzas at $9 each; and 33 large crust supremes at $10 each. What were the total dollar sales for Pizza Hut
on Tuesday?
A. $790
B. $1,511
C. $1,015
D. $1,115
14. A machine at Staples photocopies 121∕
4 pages per minute. If the machine runs 700 minutes, how many
pages will be photocopied?
A. 8,575
B. 7,850
C. 5,875
D. 8,750
15. 170% converted to a fraction equals
A. 170∕
1000.
B. 7∕
10.
C. 70∕
100.
D. 17∕
10.
16. The price of a baseball ticket at Yankee Stadium increased by 21∕
4 over the last three years. If the
original price of a ticket was $60, what is the price of the ticket today?
A. $150
B. $153
C. $135
D. $195
17. 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.)
B. $193.71
A. $193.72
C. $193.70
D. $193.73
18. Mike and Bill sell cars for Jangle’s Auto. Over the past year they sold 640 cars. Assuming Mike sells 3
times as many as Bill, how many cars did Mike sell?
A. 480
B. 180
C. 160
D. 500
19. Which of the following is not a prime number?
A. 24
B. 5
C. 19
D. 11
20. In a recent, local taste contest testing Coke against Pepsi, it was found that 3∕
5 of all people surveyed
preferred the taste of Coke. If 7,500 people were in the survey, how many chose Pepsi?
A. 3,500
B. 3,000
C. 4,500
D. 5,400
21. Janet Woo received the following grades in an accounting class at McClenan Community College: 65,
80, 70, 100, 75, and 90. The instructor said he would drop the lowest grade. After the lowest grade is
dropped, what is Janet’s average?
A. 81
B. 82
C. 83
D. 84
22. Subtracting 766 from 941 results in a difference of
A. 185.
B. 571.
C. 175.
D. 241.
23. What are the three types of check endorsements used to deposit checks into a bank account?
A. Business endorsement, personal endorsement, and restrictive endorsement
B. Company endorsement, full endorsement, and individual endorsement
C. Blank endorsement, in-person endorsement, and mobile endorsement
D. Blank endorsement, full endorsement, and restrictive endorsement
24. Ace Landscape buys 100 shovels for $15 each. Ace sells all 100 shovels at $29.99. What is his profit?
A. $1,500
B. $2,999
C. $1,400
D. $1,499
25. In Johnson Corporation, the first shift produced 81∕
2 times as many lightbulbs as the second shift. If the
total lightbulbs produced was 24,700, how many lightbulbs were produced on shift 2?
A. 22,010
B. 22,100
C. 6,200
D. 2,600
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