How can the quote be interpreted in light of what you have learned?
> Verify that Jon’s method works to determine the post-split price and shares outstanding for HVC, which executed a 4-for-1 split on July 10 with 22,676,800 outstanding shares and a market price of $203.80 per share before the split. Jon noticed that most
> A corporation issues 1,200,000 shares of stock to shareholders. How many shares must a shareholder own to have a majority of the shares?
> Ryan owns 38 of a florist shop worth $76,000. What is the value of Ryan’s share of the business?
> Tomika owns 35 of a law partnership. What percent of the partnership does she own?
> A private corporation owned by 35 shareholders is worth $1.7 million. The corporation loses a lawsuit worth $3 million. What is the value of any personal property of the shareholders that can be taken to pay the settlement? Explain.
> A corporation is having a shareholders meeting to vote on a new issue. Not all shareholders are able to attend. In fact, most usually do not. The ownership of the corporation is represented by 2,351,000 shares of stock owned by 111,273 shareholders. a.
> The ticker shows trades of stock in Hewlett-Packard (HPQ), Exxon-Mobil (XOM), and Chevron (CVX). a. How many shares of Hewlett-Packard were sold? b. What was the total value of all the HPQ shares sold? c. Joan bought the shares at this price, and her
> The top x shareholders in a corporation each own y shares of a certain stock. The corporation’s ownership is represented by a total of w shares of stock. Express the percent of the corporation owned by the top x shareholders.
> What do you think Thomas Edison meant by the word perspiration? How do those words apply to what you’ve learned about businesses in this lesson?
> Ann obtained this list of apartments. a. Use linear regression analysis to determine if there is a correlation between the square footage and the monthly rent. b. Determine the regression equation. Round the numbers in the equation to the nearest hundr
> Jaden received these two estimates from a moving company. Write and solve a system of equations to determine the hourly loading/unloading fee and the mileage charge for the truck rental. Situation A: He hires five helpers to load and unload the truck and
> Kristy owns 200 shares of Nortel stock. On November 30, the company instituted a 1-for-10 reverse split. The pre-split price per share was $2.15. The number of shares outstanding before the split was 4.34B. a. How many shares did Kristy hold after the s
> A moving helper company gave Mike these two quotes. Use a system of equations to determine the hourly rates for loading/unloading and packing/ unpacking. 3 hours of loading/unloading 5 hours of loading/unloading 2 hours of packing/unpacking 2 hours
> Milena has a gross biweekly income of $2,200. She pays 18% in federal and state taxes, puts aside 10% of her income to pay off her school loan, and puts 5% of her income aside for savings. She is considering an apartment that rents for $1,200 per month.
> Rachel is considering moving into a one-bedroom apartment in Glen Gardens. The apartment has a monthly rent of $1,300. Here are the fees that she has been quoted. How much is she expected to pay up front in order to rent this apartment? Application fee:
> Abe makes $18.50 per hour. He works 37 hours a week. He pays 23% of his gross earnings in federal and state taxes and saves 5% of his monthly gross income. He is considering renting an apartment that will cost $1,500 per month. a. Is this monthly rental
> Jessica’s financial advisor believes she should spend no more than 28% of her gross monthly income for her rent. She has determined that amount is $1,400 per month. Based on this amount and her advisor’s recommendation, what is Jessica’s annual salary?
> Use the interval 25–30% to find the monetary range that is recommended for the monthly rental budget in each situation. Round to the nearest dollar. a. Mark makes $86,000 per year. b. Linda makes $7,000 per month. c. Meghan makes $1,500 per week.
> Carlos does his online trading with Super Trade. Super Trade’s rates are listed in the table below. In a-c, round to the nearest cent. a. If Carlos makes 36 online trades in a year, what is the total of his broker fees? b. What is th
> Write the profit function for the given expense and revenue functions. E = 26,500p + 1300,000 R = 2720p2 + 119,000p
> Use Schedule Z from Exercise 6 to calculate the tax for the taxpayer in Exercise 17. Exercise 6: Calculate the tax for each taxable income of a head of household. Exercise 17: Use the tax table below to calculate the tax of a head-of-household taxpay
> Use the tax table below to calculate the tax of a head-of-household taxpayer with a taxable income of $27,811. If line 43 (taxable income) is- And you are Single Married Married Head filing At But filing jointly sepa- Irately Your tax is - least les
> Dorothy purchased x thousand shares of Best Buy Company Inc. (BBY) at y dollars per share. This purchase price reflected a decrease of z dollars from the previous day’s close. Express the ticket symbols algebraically.
> Is there a difference in the tax in Exercises 14 and 15? If so, how much and which method favors the taxpayer?
> Van4Hire charges for moving according to this rate schedule. Nicky is moving a distance of D miles and needs A hours of loading/unloading and B hours of packing/ unpacking. Write an algebraic expression that represents her total moving cost. L dolla
> We Move U charges for moving according to the rate schedule shown. Nicky is moving a distance of 150 miles and needs 7 hours of loading/unloading and 5 hours of packing/unpacking. What will her moving cost be if the service also charges 8% tax on the tot
> The square footage and monthly rental of 10 similar two-bedroom apartments yield the linear regression equation y = 1.165x 615.23 51, where x represents the square footage of the apartment and y represents the monthly rental price. a. Use the equation t
> The square footage and monthly rental of 10 similar one-bedroom apartments yield the linear regression equation 0.775 950.25 51 yx , where x represents the square footage of the apartment and y represents the monthly rental price. Grace can afford $1,500
> Dave wants to rent a two-bedroom apartment in City Fields. The apartment has a monthly rent of D dollars. Here are the fees that he has been quoted. Write an algebraic expression that represents the amount he is expected to pay before renting the apartme
> Use the information from a. Determine the correlation coefficient and linear regression equation that expresses the square footage as a function of the monthly rent. Round the numbers in the equation to the nearest hundredth. b. Use your linear regress
> Explain how this quote can be interpreted in light of what you have learned.
> Complete the chart. 1 USD ≈ 1.37 Canadian dollars (CAD) 1 USD ≈ 113.59 Japanese yen (JPY) 1 USD ≈ 0.90 euros (EUR) 1 USD ≈ 15.38 South African rands (ZAR) 1 USD ≈
> Kelly’s taxable income is $110,000. Approximately what percent of her taxable income is her tax? Schedule Z-If your filing status is Head of household The tax is: If your taxable income is: of the amount over- But not Over- over- $
> Determine the maximum profit and the price that would yield the maximum profit for each. a. / b. / c. /
> According to the tax schedule, Rich has to pay $25,000 in taxes. What is Rich’s taxable income? Schedule Z-If your filing status is Head of household The tax is: If your taxable income is: of the amount over- But not Over- over- $
> For what taxable income would a taxpayer have to pay $26,277.50 in taxes? Explain your reasoning. Schedule Z-If your filing status is Head of household The tax is: If your taxable income is: of the amount over- But not Over- over- $0 $13,150 10% $0
> Calculate the tax for each taxable income of a head of household. a. $400,000 b. $10,954 c. $108,962 d. $209,850 Schedule Z-If your filing status is Head of household The tax is: If your taxable income is: of the amount over- But not Over- over
> Given the filing status and the tax, identify the taxable income interval that was used to determine the tax. a. head of household $9,404 b. single $11,775 c. single $10,975 d. married filing jointly $7,699 e. married filing separately $10,200 Use
> Given the taxable income amount, express the tax table line that would be used in interval notation. a. $57,555 5i b. $63,411 5i c. $60,002 5i d. $63,301 5i If line 43 (taxable income) is- If line 43 (tаxable income) is- If line 43 And you are-
> Given a taxable income amount, express the tax table line that would be used in compound inequality notation. a. $60,124 5i b. $57,333 5i If line 43 (taxable income) is- If line 43 (tаxable income) is- If line 43 And you are- (taxable income) is-
> Determine the tax for each filing status and taxable income amount. a. single $57,723 b. head of household $60,950 c. married filing jointly $63,999 d. married filing separately $57,521 If line 43 (taxable income) is- If line 43 (tаxable income
> Using the tax schedule from Exercise 6, calculate the tax for the person in Exercise 14. Exercise 6: Calculate the tax for each taxable income of a head of household. Exercise 14: Calculate the tax using the computation worksheet for a head-of-househ
> Calculate the tax using the computation worksheet for a head-of-household taxpayer with a taxable income of $115,700.
> Complete the chart. 1 USD ≈ 1.37 Canadian dollars (CAD) 1 USD ≈ 113.59 Japanese yen (JPY) 1 USD ≈ 0.90 euros (EUR) 1 USD ≈ 15.38 South African rands (ZAR) 1 USD ≈
> Versant Corp executed a 1-for-10 reverse split on August 22. At the time, the corporation had 35,608,800 shares outstanding, and the pre-split price per share was $0.41. a. How many shares were outstanding after the split? b. What was the post-price pe
> Let w represent the tax for any taxable income t on the interval 411,500 < t < 439,000. a. Calculate the lowest tax on this interval. b. Calculate the highest tax on this interval. c. Given the interval, 41,500 < t < 439,000, express the tax in terms
> Let x represent a head-of-household taxpayer’s taxable income that is over $439,000. Write an expression for this taxpayer’s tax in terms of x. Section D-Use if your filing status is Head of household. Complete t
> Calculate the tax for each of the taxable incomes of a head-of-household taxpayer. a. $400,000 b. $108,962 c. $201,102 d. $106,000 Section D-Use if your filing status is Head of household. Complete the row below that applies to you. (c) Таx Sub
> Maureen’s taxable income, t, is between $129,600 and $209,850. Write an algebraic expression that represents her tax. Schedule Z-If your filing status is Head of household The tax is: If your taxable income is: of the amount over-
> Kareem earns y dollars per month at his accounting job. Express his annual salary using the K abbreviation found in classified ads.
> Pat earns $575 per week at her new job. Express her annual salary using the K abbreviation found in classified ads.
> Roger is a graphic artist, so his resumé is several pages long and includes an artistic portfolio. His prospective employers want hard copies of his resumé, so he wants to have 400 copies of his resumé printed. His local print shop charges $91.50 for the
> Maple Place Garage is posting five job listings with the online service from Example 4 in the Skills and Strategies section. a. How much is each posting? b. How much less does Maple Place pay per posting compared to the price for one posting? c. What
> The Rockville Recruitment Agency just placed Howard Jacobson in a job as an assistant pharmacist. The job pays $51.2K. The agency fee is equal to 40% of the first 3 weeks’ pay. a. What is Howard’s weekly salary to the nearest cent? b. What will Howard
> Mike owns 2,400 shares of JXV. The company instituted a 1-for-8 reverse stock split on October 17. The pre-split market price per share was $2.13. a. How many shares did Mike hold after the split? b. What was the post-split price per share? c. Show th
> A spreadsheet has been started for the user to enter information in the cells noted below. a. Write a formula to calculate the speed of the car for the trip in cell C1. b. Write a formula to calculate the number of gallons of gas used in cell C2. c
> Melanie got a new employer-paid job through the Jones Recruitment Agency. The job pays $52,400 per year, and the agency fee is equal to 25% of 1 year’s pay. How much must Melanie’s employer pay the agency?
> Becky just got a new job as an account executive. Human resources said the job pays 64.5K. What will Becky’s weekly salary be to the nearest cent?
> Danny just submitted his resumé in response to a job posting. The posting stated that the job pays $47K annually. What would Danny’s monthly salary be if he gets this job? Round to the nearest cent.
> Ace Auto Repair needs a new mechanic, so they place a help-wanted ad. The Position Posted job website charges $15 to post, plus $2.50 for each of the first five lines and $8 for each additional line. If x is the number of lines in the ad, write a piecewi
> A local coupon mailer charges $11 for each of the first three lines of an ad and $5 for each additional line. a. What is the price of a two-line ad? b. What is the price of a five-line ad? c. If x is the number of lines in the ad, express the cost c(x
> Create a check register for the transactions listed. Download a blank check register from www.cengage.com/financial_alg2e. a. Your balance on 12/15 is $2,546.50. b. On 12/16, you write check 2345 for $54 to Kings Park High School Student Activities. c
> Express the following classified ad rate as a piecewise function. Use a let statement to identify what x and y represent. $29 for the first five lines and $6.75 for each additional line.
> The cost of an ad in a local paper is given by the piecewise function. b. Find the difference in cost between a one-line ad and a four-line ad. c. Find the cost of a seven-line ad. d. Graph this function on your graphing calculator. e. Find the coor
> Vilma owns 750 shares of Torchmark. On July 2, the corporation instituted a 3-for-2 stock split. Before the split, each share was worth $82.44. a. How many shares did Vilma hold after the split? b. What was the post-price per share after the split? c.
> An online job-seeking service allows job-seekers to post their resumés for free. The service charges employers looking for applicants a fee to look through the resumés. The fee is based on how long the employer wants access to the resumés, and how many m
> A car averages 56 mi/h on a trip. a. Write an equation that shows the relationship between distance, rate, and time for this situation. b. Let time be the independent variable and distance be the dependent variable. Draw and label the graph of this equ
> Cathy is looking for a job as a bookkeeper. One online job site lists a job in a stereo store that pays 34.6K. Another job, in a clothing store, has a weekly salary of $620. a. Which job is the higher-paying job? b. What is the difference in the weekly
> Joanne is looking for a job as a mechanic and plans to distribute business cards at job fairs related to this industry. Her local printer charges $23 per 100 cards, and sells them only in sets of 100. a. How many cards must Joanne purchase if she needs
> Mike is a veterinarian. He is placing a nine-line job ad for an assistant. The following piecewise function gives the price of an x-line ad. a. Find the difference between the cost of a two-line ad and the cost of a 3-line ad. b. Find the cost of a 10
> Interpret the quote in the context of what you learned about job-seeking.
> A local publication charges by the character for its classified ads. Letters, numbers, spaces, and punctuation each count as one character. They charge $46 for the first 200 characters and $0.15 for each additional character. a. If x represents the numb
> Joby had $421.56 in her checking account when she deposited g $20 bills and k quarters. Write an expression that represents the amount of money in her account after the deposit.
> Queens Meadow Bank charges a monthly maintenance fee of $13 and a check-writing fee of $0.07 per check or EFT. Last year, Mark made 289 payments from his account at Queens Meadow. What was the total of all fees he paid on that account last year?
> Anna has an online checking account at Garden City Bank. Her balance at the beginning of February was $5,195.65. During the month, she made deposits totaling $6,873.22, wrote checks totaling c dollars, was charged a maintenance fee of $15, and earned $6.
> On June 5, CIGNA instituted a 3-for-1 stock split. Before the split, CIGNA had 200 million shares with a price of $168 per share. a. How many shares were outstanding after the split? b. What was the post-split price per share? c. Show that this split
> Linda bought a washer and dryer from Mill Page Laundry Supplies for y dollars. She signed an installment agreement requiring a 15% down payment and monthly payments of x dollars for 1 year. a. Express her down payment algebraically. b. How many monthly
> John cashed a check for $630. The teller gave him three $50 bills, eighteen $20 bills, and t $10 bills. Determine the value of t.
> Bill left Burlington, Vermont, and traveled to Ottawa, Ontario, the capital of Canada. The distance from Burlington to the Canadian border is approximately 42 miles. The distance from the Canadian border to Ottawa is approximately 280 kilometers. If it t
> Rich has t dollars in his checking account. On June 3, he deposited w, h, and v dollars and cashed a check that he wrote to himself for k dollars. Write an algebraic expression that represents the amount of money in his account after the transactions.
> Jackie deposited a $865.98 paycheck, a $623 stock dividend check, a $60 rebate check, and $130 cash into her checking account. Her original account balance was $278.91. Assuming the checks clear, how much will be in her account after the deposits are mad
> Create a check register for the transactions listed. There is a $2.25 fee for each ATM use. Print a copy of the check register from www.cengage.com/ financial_alg2e. a. Your balance on 10/29 is $237.47 b. You write check 115 on 10/29 for $18.00 to Fox
> On September 1, Chris Eugene made the following band equipment purchases at Leslie’s Music Store. Calculate her total bill. Complete a check for the correct amount. Print a copy of the check from www.cengage.com/ financial_alg2e.
> Max created a spreadsheet for installment purchase calculations. a. Write a spreadsheet formula to compute the down payment in cell C2. b. Write a spreadsheet formula to compute the time in months in cell F2. c. Write a spreadsheet formula to compute
> Olivia cashed a check for $113. The teller gave her four $20 bills, x $10 bills, and three $1 bills. Find the value of x.
> How might the quote apply to what has been outlined in this section?
> Neka cashed a check for $245. The teller gave him two $50 bills, six $20 bills and f $5 bills. Determine the value of f.
> Lillian purchased a violin from Smash Music Stores. It regularly sold for $670, but was on sale at 10% off. She also had to pay 8% sales tax. She bought it on an installment plan and paid 15% of the total cost with tax as a down payment. Her monthly paym
> Sal bought x shares of a stock that sold for $23.50 per share. He paid a 1% commission on the sale. The total cost of his investment, including the broker fee, was $3,560.25. How many shares did Sal purchase?
> 123 Savings and Loan charges a monthly fee of $8 on checking accounts and an overdraft protection fee of $33. Neela’s check register showed she had a balance of $456 when she wrote a check for $312. Three days later she realized her check register had an
> Ridgewood Savings Bank charges a $27 per check overdraft protection fee. On July 8, Nancy had $1,400 in her account. Over the next 4 days, the following checks arrived for payment at her bank: July 9, $1,380.15; July 10, $670 and $95.67; July 11, $130; a
> Gary and Ann have a joint checking account. Their balance at the beginning of October was $9,145.87. During the month they made deposits totalling $2,783.71, wrote checks totalling $4,871.90, paid a maintenance fee of $12, and earned $11.15 in interest o
> Download a copy of the check register shown below from www.cengage.com/ financial_alg2e. Complete items a through z. PLEASE BE SURE TO DEDUCT CHANGES THAT AFFECT YOUR ACCOUNT ITEM NO. FOR TRANSACTION SUBTRACTIONS ADDITIONS BALANCE FORWARD AMOUNT OF
> Hector had y dollars in his savings account. He made a deposit of $20 bills and 1-dollar coins. He had four times as many $1 coins as he had $20 bills and the total of his $20 bills was $60. Write an expression for the balance in Hector’s account after t
> Write the sigma notation mean formula for the consecutive 3-month period that would have the highest mean of the year. Monthly Water Bills Jan Feb Mar Apr May June July Aug Sept oct Nov Dec X, 10 X, 12 $40 $42 $40 $38 $48 $50 $58 $62 $56 $46 $44 $44
> In February, Robbins and Myers Inc. executed a 2-for-1 split. Janine had 470 shares before the split. Each share was worth $69.48. a. How many shares did she hold after the split? b. What was the post-split price per share? c. Show that the split was
> Black Oyster Corp is going out of business. All of the corporate assets are being sold. The money raised will be split by the stockholders. Which stockholders, the common or preferred, receive money first?
> Write the formula for the mean water bill from April through November using sigma notation and determine that mean. Round your answer to the nearest cent. Monthly Water Bills Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec X, X, X10 X12 $40 $42 $
> Write the formula for the mean water bill for the first 6 months of the year using sigma notation and determine that mean. Round your answer to the nearest cent. Monthly Water Bills Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec X, X, X10 X12 $4
> Write the formula for the mean water bill for the entire year using sigma notation and determine that mean. Round your answer to the nearest cent. Monthly Water Bills Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec X, X, X10 X12 $40 $42 $40 $38 $
