Questions from Business Mathematics

Q: A high-definition movie lasting 1 hour and 45 minutes consumed

A high-definition movie lasting 1 hour and 45 minutes consumed 4.5 GB of memory on the hard drive of a personal video recorder (PVR). Rounded to the nearest minute, what is the maximum duration of hig...

Q: Solve the proportions for the unknown quantities. 17 : q

Solve the proportions for the unknown quantities. 17 : q = 119 : 91

Q: Connie’s neighbour sold 14.5 hectares of raw land for $

Connie’s neighbour sold 14.5 hectares of raw land for $128,000. If Connie were to sell her 23.25-hectare parcel at a proportionate price, to the nearest dollar, what amount would she receive?

Q: The introduction of a new product would require an initial investment of

The introduction of a new product would require an initial investment of $120,000. The forecast profits in successive years of the anticipated four-year product life are $15,000, $60,000, $40,000, and...

Q: Based on past experience, a manufacturing process requires 2.3

Based on past experience, a manufacturing process requires 2.3 hours of direct labour for each $174 worth of raw materials processed. If the company is planning to consume $78,300 worth of raw materia...

Q: An international equity mutual fund includes American stocks, Japanese stocks,

An international equity mutual fund includes American stocks, Japanese stocks, German stocks, and British stocks in the ratio 27 : 19 : 14 : 11, respectively. If its current holdings of German stocks...

Q: The worldwide sales for Samsung, Apple, and Huawei smartphones in

The worldwide sales for Samsung, Apple, and Huawei smartphones in the first quarter of 2018 were in the ratio 21 : 14 : 11. If Huawei had sales of 40.4 million units, what were the first-quarter sales...

Q: A punch recipe calls for fruit juice, ginger ale, and

A punch recipe calls for fruit juice, ginger ale, and vodka to be mixed in the ratio 6 : 2.5 : 1. How much fruit juice and vodka should be mixed with a 2-L bottle of ginger ale?

Q: A business consultant is analyzing the cost structure of two firms in

A business consultant is analyzing the cost structure of two firms in the grocery business. On sales of $3.66 million, Thrifty’s had wholesale costs of $2.15 million and overhead expenses of $1.13 mil...

Q: A province’s Ministry of Social Services has found that both the number

A province’s Ministry of Social Services has found that both the number of people needing social assistance and the province’s total expenditures on social assistance are proportional to the rate of u...