# 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 8*G* = 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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