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Finance
Taylor Flower's bank statement shows a balance of $135.42 and a service charge of $8.00. The account register shows deposits of $112.88 and $235.45 that do not appear on the statement. The register
The bank statement for Randazzo's Market shows a balance of $1,102.35 and a service charge of $6.50. The account register shows a deposit of $265.49 that does not appear on the statement. The account
Write a check dated December 28, 20XX (Figure 4 - 52), to Lundy Daniel in the amount of $450.00 for legal services. James Ludwig is the maker. Complete the check stub.Figure 4 - 52
Complete a deposit slip on November 11, 20XX (Figure 4 - 53), to show the deposit of $100 in cash, checks in the amounts of $87.83, $42.97, and $106.32, with a $472.13 total from the other side of
Enter the following information and transitions in the check register for Sloan's Tree Service (Figure 4 - 54). On May 3, 20XX, with an account balance of $876.54, check 234 was written to Organic
Write the check and fill out the check stub provided in Figure 4 - 60. The balance forward is $2, 301.42, deposit were made for $200 on May 12 and 583.17 on May 20, and check 195 was written on May
D. G. Hernanderz Equipment's account register is shown in Figure 4 - 62. Reconcile the bank statement in Figure 4 - 61 with the account register in Figure 4 - 62 Use the account reconciliation from
Before reconciliation, an account register balance is $1,817.93. The bank statement balance is $860.21. A service fee of $15 and one returned item of $213.83 were charged against the account.
Discuss at least three advantages for a business of having a checking account?
What if more than two digits are interchanged? Will the difference still be divisible by 9? Illustrate your answer?
When you receive your bank statement, you should first identify any items on the statement that are not listed in your account register. Discus some items you may find on a bank statement and explain
Explain the various types of endorsements for checks?
Explain way you would not want to use a deposit ticket that had some one else's printed on it to make a deposit for your account even if you cross out the account number and name and enter your own?
On April 29, 20XX, Mr. Yan Yu deposited $850.00 in cash, $8.63 in coins, and two checks, one in the amount of $157.38, the other in the amount of $32.49. fill out Mr. Yu's deposit ticket for April
Complete the deposit ticket for Delectables Candies in Figure 4 - 18 The deposit is made on March 31, 20XX, and includes the following items: cash: $196.00; and check: Cavanaugh, $14,72; Bryan,
On April 29, 20XX, after Mr. Yu made his deposit (See Exercise 1), he wrote a check to Green Harvest in the amount of $155.30 for fresh vegetables. Write a check (Figure 4-19) as Mr. Yu wrote it.
Write a check dated June 20, 20XX, to Ronald H. Cox Realty in the amount of $59613 for house repairs (Figure 4-20).Figure 4 - 19
Before Mr. Yu made his deposit (see Exercise 1), the balance in the amount was $7, 869.40. Complete the check stub for the deposit made in Exercise 1 and the check he wrote in Exercise 3 (Figure 4 -
Complete the check stub for the check you wrote in Exercise 4 if the balance brought forward is $2, 213.56 (Figure 4 - 22).Figure 4 - 22
Enter in the account register in Figure 4 - 23 all the transactions described in Exercises 1, 3, and 5 and find the ending balance.Figure 4 - 23
On September 30 you deposited your payroll check of $932.15. You then wrote the following checks on the same day:You made a deposit of $280 at your bank's ATM on October 3. Show these transitions in
Tom Deskin's account register is shown in Figure 4 - 33.Use one of the account reconciliation forms in Figure 4 - 34 to reconcile the bank statement in Figure 4 - 32 with the account register.Figure
Terry Kelly was discussing her checking and savings accounts with her bank officer when the officer suggested that she talk with the bank's investment counselor. Terry was advised by the investment
Bottletree Bakery and Card Shop ordered an equal number of 12 different cards. If a total of 60 cards were ordered, how many of each type of card were ordered?
An electrician pays 2/5 of the amount he charges for a job for supplies. If he was paid $240 for a certain job, how much did he spend on supplies?
An inventory clerk is expected to have 2,000 fan belts in stock. If the current count is 1,584 fan belts, how many more should be ordered?
Shaquita Davis earns $350 for working 40 hours. How much does she make for each hour of work?
Bright Ideas purchased 1,000 lightbulbs. Headlight bulbs cost $13.95 each, and taillight bulbs cost $7.55 each. If Bright Ideas spent $9,342 on lightbulb stock, how many headlights and how many
If 5 dozen roses can be purchased for $62.50, how much will 8 dozen cost?
Edna's Book Carousel ordered several cookbooks and received 12. The shipping invoice indicated that 6 books would be shipped later. What was the original number of books ordered?
The Stork Club is a chain of baby clothing stores. The owner of the chain divided a number of bonnets equally among the 7 stores in the chain. If each store got 9 bonnets, what was the number of
Liz Bliss spends 18 hours on a project and estimates that she has completed 2/3 of the project. How many hours does she expect the project to take?
Wilson's Auto, Inc., has 37 employees and a weekly payroll of $10,878. If each employee makes the same amount, how much does each make?
An imprint machine makes 22,764 imprints in 12 hours. How many imprints can be made in 1 hour?
If a delivery van travels 252 miles on 12 gallons of gasoline, how many gallons are needed to travel 378 miles?
A discount store sold plastic cups for $3.50 each and ceramic cups for $4 each. If 400 cups were sold for a total of $1, 458, how many cups of each type were sold? What was the dollar value of each
Find the cost of 200 suits if 75 suits cost $10,200.
Lashonna Harris is a buyer for Plough. She can purchase 100 pounds of chemicals for $97. At this same rate, how much would 2,000 pounds of the chemical cost?
From the currency exchange rate table shown in Table 5 - 2, 1.0000 EUR (euro) is equivalent to 0.7338 USD (U.S. dollars). Use proportion to convert $2,500 to EUR.
From Table 5 - 2, 1.0000 USD is equivalent to 0.011126 JPY. Use a proportion to convert 250 USD to the equivalent amount of JPY currency?
Either of these two formulas, P = 2l + 2w or P = 2(l + w), can be used to find the perimeter of a rectangle. Explain way?
If the wholesale cost of 36 printer cartridges is $188, explain how a proportion can be used to find the cost of one cartridge?
Which of the fractions 5/8 or 3/5 is proportional to 24/40?
Which of the fractions 5/12 or 3/8 is proportional to 10/24?
The difference in hours between full-timers and the part-timers who work 5 hours a day is hours. How long do full-timers work?
For 32 hours of work, you are paid $241.60. How much would you receive for 37 hours?
The annual real estate tax on a duplex house is $2,321 and the owner sells the house after 9 months of the tax year.How much of the annual tax will the seller pay? How much will the buyer pay?
A wholesale price list shows that 18 dozen headlights cost $702. If 16 dozen cane bought at the same rate, how much will they cost?
Two part-time employees share one full-time job. Carris works Mondays, Wednesdays, and Friday, and Chloe works Tuesdays and Thursdays. The job pays an annual salary of $28,592. What annual salary
A car that leases for $5,400 annually is lased for 8 month of the year. How much will it cost to lease the car for the 8 months?
If 1.0000 U.S. dollar is equivalent to 0.1273 Chinese yuan, convert $12,000 to yuan.
Asunta's Candle Store ordered 750 candles at a total wholesale cost of $8,660.34. The soy candles cost $12.83 each and the specialty candles cost $10.72 each. How mean of each type of candle were
Many plans to save 1/12 of his salary each week. If his weekly salary is $372, find the amount he will save each week.
Last week at the Sunshine Valley Rock Festival, Joel sold 3 times as many tie-dyed T-shirts as silk-screened shirts. He sold a total of 176 shirts. How many tie-dyed shirts did he sell?
Elaine sold 3 times as many magazine subsections as Ron did. Ron sold 16 fewer subsections than Elaine did. How many subsections did each sell?
Will ordered 2 times as many boxes of ballpoint pens as boxes of felt-tip pens. Ballpoint pens cost $3.50 per box, and felt-tip pens cost $4.50. If Will's order of pens totaled $46, how many boxes of
A real estate salesperson bought promotional calendars and date books to give to her customers at the end of the year. The calendars cost $0.75 each, and the date books cost $0.50 each. She ordered a
Hershey Foods stock earned $151,000,000. If these earnings represent $1.15 per share, how many shares of stock are there?
A scale drawing of an office building is not labeled, but indicates ¼ inch = 5 feet. On the drawing, one wall measures 2 inches. How long is the actual wall?
A recipe uses 3 cups of flour to 1 ¼ cups of milk. If you have 2 cups of flour, how much milk should you use?
Solve
The financial officer allows $3,400 for supplies in the annual budget. After three months, $898.32 has been spent on supplies. Is this figure within 25% of the annual budget?
Chloe Denley's rent of $940 per month was increased by 8%. What is her new monthly rent?
The price of a wireless phone increased by 14% to $165. What was the original price to the nearest dollar?
Global wind energy had a record growth in a recent year, achieving a level of 159,213 megawatts. Some in the industry project the global wind capacity to be 1,900,000 megawatts in 2020. What is the
Write the percent as a whole number, mixed number, or fraction, reduced to lowest terms. 12 1/2 %
Last year Docie Johnson had net sales of $582,496. This year her sales decreased by 12%. What were her net sales this year?
The price of Internet service decreased by 7% to $52. What was the original price to the nearest dollar?
Frances Johnson received a 6.2% increase in earnings. She was earning $86,900 annually. What is her new annual earnings?
Byron Johnson took a pay cut of 5%. He was earning $148,200 annually. What is his new annual salary?
Sylvia Williams bought a microwave oven that had been reduced by 30% to $340. What was the original price of the oven? Round to the nearest dollar.
Sony decided to increase the wholesale price of its DVD players by 18% to $320. What was the original price rounded to the nearest cent?
Annette Cook has stocks currently valued at $16,250. Her stock value has decreased by 8.5% over the last three years. Find the value of her stock three years ago. P = RB P = 8.5% ($16,250) P = 0.085
If the cost of an item increases by 100%, what is the effect of the increase on the original amount? Give an example to illustrate your point.
Describe two ways to find the new amount when a given number of increased by a given percent.
Explain the error in each problem, Then work the problem correctly. Cathy Woolfrey is buying a new home. Her realtor tells her that the home she is buyings has increased in price by 10% since it was
Brian Sangean has been offered a job in which he will be paid strictly on a commission basis. He expects to receive a 4% commission on all sales of computer hardware he closes. Brian's goal for a
A soccer stadium in Manchester, England, has a capacity of 78, 753 seats. If 67,388 seats were filled, what percent of the stadium seats were vacant? Round to the nearest hundredth of a percent.
A number is increased by 15% to 43.7. Find the original amount.
The cost of a pound of nails increased from $2.36 to $2.53. What is the percent of increase to the nearest whole-number percent?
DeMarco Jones makes $13.95 per hour but is getting a 5.5% increase. What is his new wage per hour to the nearest cent?
Carol Wynne bought a silver tray that originally cost $195 and was advertised at 65% off. What was the sale price of the tray?
A laptop computer that was originally priced at $2,400 now sells for $2,700. What is the percent of increase?
Federated Department Stores dropped the price of a winter coat by 15% to $149. What was the original price to the nearest cent?
A number increased from 224 to 336. Find the percent of increase.
A number decreased from 250 to 195. Find the rate of decrease.
A number is decreased by 40% to 525. What is the original amount?
Find the range, mean, median, and mode for the following. Round to the nearest hundredth if necessary. 1. New car mileages 17 mi/gal 16 mi/gal 25 mi/gal 22 mi/gal 30 mi/gal 2. Sandwiches $0.95
Draw a comparative bar graph to show both the 2012 and 2013 values for The Family Store (see Table 7-17). Be sure to include a title, explanation of the scales, and any additional information needed.
Find the mean, median, and mode for the data set: 90, 89, 82, 87, 93, 92, 98, 79, 81, 80.
Find the variance for the scores in the following data set: 90, 89, 82, 87, 93, 92, 98, 79, 81, 80. Show that the sum of deviations is zero.
Use the test scores of 24 students taking Marketing 235 to complete the frequency distribution and find the grouped mean rounded to the nearest whole number:
Use the frequency distribution for Exercise 24 to make a relative frequency distribution. Round to the nearest tenth percent.In exercise 24 Use the test scores of 24 students taking Marketing 235 to
Home Depot sells compact fluorescent lamps (CFLs) that have a mean life of 10,000 hours with a standard deviation of 1,000 hours. In an order of 8,000 lamps, how many can be expected to last 11,000
Find the range, mean, median, and mode of the hourly pay rates for the employees. Write a statement about the data set based on your findings.
During the past year, Piazza's Clothiers sold a certain sweater at different prices: $42.95, $36.50, $40.75, $38.25, and $43.25. Find the range, mean, median, and mode of the selling prices. Write a
Find the mean number of students for each period in table 7-16. Round to the nearest whole number.
Draw a bar graph representing the mean enrollment for each period.
Find the range, mean, median, and mode for the following. Round to the nearest hundredth if necessary. 1. Test scores 61 ................. 72 63 ................. 70 93 ................. 87 2.
Draw a line graph representing the data. Be sure to include the title, explanation of the scales, and any additional information needed.
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