150% of $60 is what amount?
> What amount is 233.3% of $75??
> $69 is 30% of what amount?
> $45 is 60% of what amount?
> A mortality rate indicates the fraction of individuals in a population who are expected to die in the next year. 1. If the mortality rate among 35-year-old males is 0.34%, what is the expected number of deaths per year among a province’s total of 50,000
> A stockbroker is paid 45% of the commission her firm charges her clients. If she personally receives $134.55 on an $11,500 transaction, what is the firm’s commission rate?
> Stan is a real estate salesperson. He receives 60% of the 4.8% commission that the real estate agency charges on sales. If his income for the past year was $150,480, what was the dollar value of his sales for the year?
> Studies have shown that the average adult male requires 7.5 hours of sleep a night and females require 20 minutes more than males. If the average life expectancy in Canada is 82.7 years for women and 78 years for men, what percentage are the male waking
> The Calgary Flames hockey team announced that its season ticket sales of 13,500 represents 67.50% of the Scotiabank Saddledome’s seating capacity. How many seats were not sold to season ticket holders?
> A property sold for 250% of what the vendors originally paid for it. What was that original price if the recent selling price was $410,000?
> A sawmill requires a new saw for cutting small-dimension logs. Model H, with a three-year service life, costs $119,000 and will generate an annual profit of $55,000. Model J, with a four-year service life, costs $160,000 and will return an annual profit
> Graham and Stacy are having difficulty stretching their salaries to pay their bills. Before their marriage three months ago, they purchased new furnishings for their apartment. Then they paid for their honeymoon with “plastic.â
> In 2018, Canada’s population was 36,954,000 and Japan’s population was 127,185,000. Canada’s land area is 9,093,500 square kilometres but Japan’s area is only 377,835 square kilometres. To the nearest 0.01%, what percentage was Canada’s population densit
> A province’s progressive income tax rates are structured as follows: 16% tax on the first $15,000 of taxable income, 26% on the next $20,000, 35% on the next $40,000, and 45% on any additional taxable income. What percentage is an individual’s total inco
> A full-service broker charges a commission rate of 2.2% of the total dollar value of a stock transaction. A discount broker charges a transaction fee of $25 plus an additional five cents per share. Suppose you purchase 800 shares of Talisman Energy at $2
> An online discount broker charges a transaction fee of $30 plus an additional 3 cents per share. A full-service broker charges a commission rate of 2.4% of the total dollar value of a stock transaction. Suppose you purchase 200 shares of the Bank of Nova
> What percent is 88¢ of $44?
> Ivory hand soap is advertised as being 99 44 100 % pure. (It floats!) How many milligrams of impurities are in a 150-g bar of Ivory soap?
> In the month of December, Bernie’s Bargain Barn had sales of $9820 in their clothing department, $4025 in their shoe department, and $1830 in accessories. If 17% of the merchandise purchased from the clothing department was returned, 8% from the shoe dep
> Your regular workweek is 7.5 hours per day for five days. If you do not work on seven public holidays and you receive two weeks of vacation, what percentage of the total hours in a year are you actually at work? Assume that a year has exactly 52 weeks.
> If the royalty rate performing artists receive from songs downloaded from Apple iTunes is 5.7%, and a band received royalties from Apple of $99,736.41 for a year, how many song downloads at $0.99 each did the band have for that year?
> Unusually high snowfall during the past winter resulted in Brockton’s costs for snow ploughing and removal to reach $320,200. This represents 127% of its budgeted cost. Rounded to the nearest $100, what amount did Brockton budget for snow clearance?
> Machine A costs $40,000 and is forecast to generate an annual profit of $15,000 for four years. Machine B, priced at $60,000, will produce the same annual profits for eight years. The trade-in value of A after four years is expected to be $10,000, and th
> A provincial minister of education recently announced that his government’s forecast expenditure of $2.68 billion on education next year represents 23.5% of the provincial budget. Rounded to the nearest million dollars, what is the province’s total budge
> A 540-mL can of K-9 Diet dog food contains 28% protein, 15.5% fat, and 6% fibre. 1. How many millilitres of other ingredients are there in the can? 2. The recommended serving for a small dog is 5 8 of a can. How many millilitres of protein are in one sma
> In a one-month period, a convenience store had sales of $65,560 from its gas pumps and sales of $36,740 from other in-store products. What percent of total sales were from gasoline?
> Cecilia and Nathan estimate their total cost for a vacation in Australia to be $14,775. 1. What percentage is this cost of their combined gross monthly income of $8775? 2. If 72% of their gross monthly income is already consumed by rent, taxes, car payme
> $1.25 is 3 4 % of what amount?
> What percent is $1.50 of $11.50?
> $10 is 0.5% of what amount?
> 350% of what amount is $1000?
> $281.25 is 225% of what amount?
> 0.0505% of $50,000 is what amount?
> A proposed strip mine would require the investment of $3 million at the beginning of the first year and a further investment of $3 million at the end of the first year. Mining operations are expected to yield annual year-end profits of $1 million startin
> 130 1 2 % of $455 is what amount?
> $559.35 is 113% of what amount?
> $180 is 120% of what amount?
> 0.75% of $100 is what amount?
> How much is 1 2 % of $10?
> 500 g is what percent of 2.8 kg?
> Calculate 6. 6 ¯ % of $666.66.
> 30 m is what percent of 3 km?
> 8 1 3 % of what amount is $10?
> 95% of what amount is $100?
> The pro forma projections for growing a 20-hectare ginseng crop require the expenditure of $250,000 in the summer that the crop is planted, and an additional $50,000 in each of the next two summers to cultivate and fertilize the growing crop. After payme
> What percent of $590 is $950?
> What percent of $950 is $590?
> 12 3 4 % of what amount is $27.50?
> 7 1 2 % of what amount is $1.46?
> 0.58 3 ¯ % of $1500 is what amount?
> $1.34 is what percent of $655?
> Calculate 1.75% of $350.
> Broadway Mazda usually spends half as much on radio advertising as on newspaper advertising, and 60% as much on television advertising as on radio advertising. If next year’s total advertising budget is $160,000, how much (rounded to the nearest dollar)
> Classic Homes has found from experience that there should be 40% as many two-bedroom homes as three-bedroom homes in a subdivision, and twice as many two-bedroom homes as four-bedroom homes. How many homes of each type should Classic build in a new 96-ho
> An automotive parts plant is scheduled to be closed in 10 years. Nevertheless, its engineering department thinks that some investments in computer-controlled equipment can be justified by the savings in labour and energy costs within that time frame. The
> Alicia pays 38% income tax on any additional earnings. She has an opportunity to work overtime at 1.5 times her base wage of $23.50 per hour. Rounded to the nearest quarter hour, how much overtime must she work to earn enough money (after tax) to buy a c
> Econocar offers two plans for one-week rentals of a compact car. A rate of $295 per week includes the first 1000 km. Extra distance costs 15 cents per kilometre. A weekly rate of $389 allows unlimited driving. Rounded to the nearest kilometre, beyond wha
> A caterer has the following price structure for banquets. The first 20 meals are charged the basic price per meal. The next 20 meals are discounted by $2 each and all additional meals are each reduced by $3. If the total cost for 73 meals comes to $1686,
> A stockbroker’s commission on a transaction is 2.5% of the first $5000 of the transaction amount and 1.5% of the remainder. What was the amount of a transaction that generated a total commission of $227?
> The price tags in Angie’s Flower Shop include the 13% Harmonized Sales Tax (HST). How much HST will she report for a plant sold at $39.55?
> One hundred thousand dollars is to be distributed under a firm’s profit-sharing plan. Each of three managers is to receive 20% more than each of 26 production workers. How much will each manager and production worker receive?
> Fred has centralized the purchasing and record-keeping functions for his three pharmacies in a single office. The annual costs of the office are allocated to the three stores. The Hillside store is charged $1000 less than twice the charge to the Barnett
> To coordinate production in a three-stage manufacturing process, Stage B must be assigned 60% more workers than Stage A. Stage C requires three-quarters as many workers as Stage B. How should the site manager allocate 114 workers among the three stages?
> Mr. Parker structured his will so that each of his four children will receive half as much from the proceeds of his estate as his wife, and each of 13 grandchildren will receive one-third as much as each child. After his death, $759,000 remains after exp
> The tickets for a hockey game cost $19.00 for the blue section and $25.50 for the red section. If 4460 tickets were sold for a total of $93,450, how many seats were sold in each section?
> St. Lawrence Bus Lines is offered a contract for busing schoolchildren that will produce an annual profit of $70,000 for seven years. To fulfill the contract, St. Lawrence would have to buy three buses at a total cost of $433,000. At the end of the contr
> The retail price of a pair of skis consists of the wholesale cost to the retailer plus the retailer’s markup. If skis retailing for $712 are marked up by 60% of the wholesale cost, what is that wholesale cost?
> It takes 20 minutes of machine time to manufacture Product X and 30 minutes of machine time to manufacture Product Y. If the machine operated 47 hours last week to produce a combined total of 120 units of the two products, how many units of Y were manufa
> How many minutes is 12.5% of two hours?
> The annual net income of the SGR partnership is to be distributed so that Sven receives 30% less than George, and Robert receives 25% more than George. If the past year’s net income was $88,880, what amount should be allocated to each partner?
> 34 % of $ 133. 33 is what amount?
> What amount is 80% of $156.25?
> What amount is 62% of $99?
> Evaluate each of the following: a. 96 − (6 − 42) × 7 − 2 b. 81 ÷ (52 − 16) − 4(23 − 13) c. $ 827.69 1 + 0.125 × 273 365 + $ 531.49 ( 1 + 0.125 × 41 365 ) d. $ 550.45 ( 1 + 0.0875 × 195 365 ) − $376.29 1 + 0.0875 × 99 365 e. $ 1137 ( 1 + 0.0975 12 ) 2 + $
> Evaluate each of the following: a. (23 − 3)2 − 20 ÷ (2 + 23) b. (2 × 32 − 23)2 ÷ (10 − 4 × 5) c. $ 213.85 ( 1 − 0.095 × 512 ) d. $ 2315 1 + 0.0825 × 77 365 e. $ 325.75 ( 1 + 0.105 4 ) 2 f. $ 710 ( 1 + 0.0925 2 ) 3 g. $ 885.75 ( 1 + 0.0775 × 231 365 ) −
> A manufacturer’s sales rep can lease an automobile for five years at $385 per month payable at the beginning of each month, or purchase it for $22,500. He can obtain a loan at 9% compounded monthly to purchase the car. Should he lease or buy the car if:
> A company is considering two mutually exclusive investment projects. Each requires an initial investment of $25,000. Project A will generate an annual profit of $6000 for eight Page 637years and have a residual value of $5000. Project B’s profits are mor
> A company’s board of directors has imposed an $800,000 limit on capital spending for the current year. Management has identified the following five projects with positive NPVs. Which projects should be chosen?
> Huron Charters can purchase a sailboat for $100,000 down and a $60,000 payment due in one year. The boat would generate additional annual operating profits of $24,000 for the first five years and $15,000 for the next five years. New sails costing $16,000
> Rainbow Aviation needs an additional plane for five years. It can buy the plane for $360,000 using funds borrowed at 7.5% compounded monthly, and then sell the plane for an estimated $140,000 after five years. Alternatively, it can lease the plane for $5
> Joan, Stella, and Sue have agreed to form a partnership. For the original capital investment of $32,760, Sue agrees to contribute 20% more than Joan, and Joan agrees to contribute 20% more than Stella. How much will each contribute?
> The development of a new product will require the expenditure of $175,000 at the beginning of each of the next two years. When the product reaches the market in Year 3, it is expected to increase the firm’s annual profit by $50,000 for eight years. (Assu
> A proposed open-pit mine would require the investment of $3 million at the beginning of the first year and a further investment of $1 million at the end of the first year. Mining operations are expected to yield annual profits of $750,000, beginning in Y
> A firm can manufacture the same product with either of two machines. Machine C requires an initial investment of $55,000 and would earn a profit of $30,000 per year for three years. It would then be replaced, because repairs would be required too frequen
> Jurgen Wiebe has been transferred to Winnipeg for five years. He has found an attractive house that he can buy for $360,000 or rent for $1850 per month, payable at the beginning of each month. He estimates that the resale value of the house in five years
> The initial investment and expected profits from two mutually exclusive capital investments being considered by a firm are as follows: 1. Calculate the internal rate of return for each investment. Which one would be selected based on an IRR ranking? 2. W
> A company is examining two mutually exclusive projects. Project P requires an immediate investment of $300,000 and produces no profit until the fourth year. Then the expected annual profit is $120,000 for Years 4 to 7 inclusive. Project Q requires an inv
> A seven-year licence to distribute a product should increase the distributor’s profit by $16,000 per year. If the licence can be acquired for $85,000, what is the investment’s IRR?
> A new machine that will lead to savings in labour costs of $20,000 per year can be purchased for $80,000. However, it will cost $2000 per year for the first four years, and $3000 per year for the next four years to service and maintain the machine. In ad
> An investment of $400,000 will yield annual profits of $55,000 for eight years. The proceeds on disposition of the investment at the end of the eight years are estimated at $125,000. On the basis of its IRR and a 9% cost of capital, should the investment
> A $600,000 capital investment will produce annual profits of $90,000 for the first four years and $120,000 for the next four years. It will have no residual value. What is its IRR? Should the investment be undertaken if the cost of capital is 7%?
> A firm received a bill from its accountant for $3310, representing a combined total of 41 billable hours for both the Certified General Accountant (CGA) and her accounting technician for conducting the firm’s audit. If the CGA charges her time at $120 pe
> The introduction of a new product will require a $400,000 investment in demonstration models, promotion, and staff training. The new product will increase annual profits by $100,000 for the first four years and $50,000 for the next four years. There will
> A capital investment requiring one initial cash outflow is forecast to have the operating profits listed below. The investment has an NPV of $20,850, based on a required rate of return of 12%. Calculate the payback period of the investment.
> A potato farmer needs to buy a new harvester. Two types have performed satisfactorily in field trials. The SpudFinder costs $100,000 and should last for five years. The TaterTaker also costs $100,000 but requires an extra operator at $20,000 per season.
> The provincial government’s Ministry of Fisheries requires a new patrol boat. The price of a Songster is $90,000, and its annual operating costs will be $10,000. It will be sold for about $20,000 after five years, and replaced. A more durable and more ef
> A U-Print store requires a new photocopier. A Sonapanic copier with a four-year service life costs $35,000 and will generate an annual profit of $14,000. A higher-speed Xorex copier with a five-year service life costs $52,000 and will return an annual pr
> Machine X costs $50,000 and is forecast to generate an annual profit of $16,000 for five years. Machine Y, priced at $72,000, will produce the same annual profit for ten years. The trade-in value of X after five years is expected to be $10,000, and the r
> The investment committee of a company has identified the following seven projects with positive NPVs. If the board of directors has approved a $4.5 million capital budget for the current period, which projects should be selected?
> The expected profits from an $80,000 investment are $15,000 in Year 1 and $20,000 in each of Years 2 to 7. 1. What is the investment’s payback period? 2. If the firm’s required payback period is four years, will it make the investment? 3. If the firm’s c
> The Cowichan Regional District borrowed $500,000 through the Provincial Finance Authority to purchase fire-fighting equipment. At the end of every six months, the regional district must make a sinking fund payment of a size calculated to accumulate $500,
