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business
multinational business finance
Questions and Answers of
Multinational Business Finance
A 91-day, $25,000 T-Bill was issued at a price that would yield the buyer 6%. How many days before its maturity date will the T-bill's market price first exceed $24,800 if the yield market rate
Chan invested a portion of $10,000 at 5.5% per annum and the remainder at 3.5% per annum. The total interest on his investment for the first year was $470. How much did he invest at each
A restaurant charged $15 for an adult meal and $8 for a child meal. On a weekend, the restaurant sold 200 meals in total, for $2475. What was the quantity of each type of meal sold during this
The cost of admission to a concert was $75 for adults and $50 for children. If 400 tickets were sold and $28,125 was collected, how many adult tickets were sold?AppendixLO1
In a coin box, there are three times as many quarters (25) as dimes (10). If the total value of all these coins is $21.25, how many quarters are there?AppendixLO1
Determine the value of two numbers if their sum is 65 and the difference between the larger number and the smaller number is 5.AppendixLO1
Solve the following system of equations using the Elimination Method: 6x-4y+3=0 4x-6y-3=0 AppendixLO1
Determine whether each of the following systems of equations has one solution, no solution, or infinitely many solutions without graphing.a. 4x+3y-16 0 and 2x-y+2=0b. x-3y+11=0 and 2x - 6y+4=0 C.
Nari wants to join a tennis club and is looking at two different options. Club A has a $180 membership fee and an additional $20 fee per hour of court time. Club B doesn't have a membership fee, but
Solve the following system of equations using the Substitution Method: 2x+4y+6=0 y-3x+9=0.AppendixLO1
Solve the following system of equations graphically: y=3x+6 6x-2y+12=0 AppendixLO1
Determine the equation of the line, in standard form, that passes through the origin and that is parallel to the line passing through the points P(-3, 5) and Q(5,-1).AppendixLO1
Determine the equation of a line, in standard form, that is parallel to 3x - 2y + 9 = 0 and that passes through the point (-6, -3).AppendixLO1
Determine the equation of the line, in standard form, having an x-intercept equal to 5 and y-intercept equal to -3.AppendixLO1
Determine the P (-4, 5) and Q (1, 1).AppendixLO1
Use the following slopes (m) and y-intercepts (b) to graph the equations:a. m=-,b=-4 2 2b. m=b=-2 3 standard form, that passes equation of the line, in through the points AppendixLO1
Graph the equation 3y+4x= 12 using the x-intercept, y-intercept, and another point on the line.AppendixLO1
Graph the equation 2x-3y = 9 using a table of values with 4 points.AppendixLO1
Write the following equations in slope-intercept form:a. 2x-3y+6=0b. 3x+4y-5=0 AppendixLO1
Write the following equations in standard form: 2a. y=-x-2 3 1b. 6-2x+y=0 AppendixLO1
Three vertices of a rectangle ABCD have the points A (-3, 4), B (5, 4), and C (5, -1). Find the coordinates of the 4th vertex, and determine the area of the rectangle. (Hint: Area of a rectangle =
300 tickets were sold for a theatrical performance. The tickets cost $28 for adults and $15 for teenagers. If $7230 was collected, how many adults and teenagers attended this play?AppendixLO1
640 tickets were sold for a soccer game between Toronto FC and New York City FC. The tickets cost $35 for adults and $20 for children. If $16,250 was collected from sales, how many adults and
Find the two numbers whose sum is 95 and the difference between the larger number and the smaller number is 35.AppendixLO1
Find the two numbers whose sum is 84 and the difference between the larger number and the smaller number is 48.AppendixLO1
The difference of two numbers was 5. The sum of three times the larger number and two times the smaller number was 25. What were the numbers?AppendixLO1
Nikola loaned a total of $5000 to his friends, Ben and Hasan. He charged Ben an interest of 2% per annum and Hasan an interest of 2.5% per annum. If he earned a total interest of $110 from both of
Solve the following system of equations using the Elimination Method:a. 8x + 7y = 23 and 7x+8y = 22b. 9x-2y=-32 and x + 4y = -12 C. 4x + 3y 12 and 18-6x= 2y.AppendixLO1
Solve the following system of equations using the Elimination Method:a. b.c. 2x+y=8 and 3x+2y= 7 5x-2y+3 0 and 3x-2y-1=0 2x+y+2=0 and 6x = 2y +9 AppendixLO1
Solve the following system of equations using the Substitution Method: x+4y 8 and 2x+5y=13b. x+4y+12=0 and 9x-2y-32 = 0 C. 3x+2y= 5 and y=2x-1 AppendixLO1
Solve the following system of equations using the Substitution Method:a. x+y=3 and 2x - y = 12b. x-y-10 and 2x + 3y-12=0 4x + 3y 12 and 9-3x=y AppendixLO1
Solve the following system of equations graphically:a. y= -2x-1 and y = 3x - 11b. C. x-3y 6 0 and x + 2y 100 2y = x and y = -x+3 -AppendixLO1
Solve the following system of equations graphically:a. y=2x+3 and y = -2x - 1b. 3x+4y 5 0 and 2x - y + 4 = 0 C. 3y = 2x and y = -3x+11 AppendixLO1
Henry worked in a computer store and earned $500 a month plus a commission of 10% on the sales he made. The relationship between his earnings (y) in a month and the number of computers he sold (x) is
The fixed costs (FC) of a factory for the month were $5000 and the variable costs (VC) to manufacture each product were $5 per unit. The total costs (TC) for the month were the sum of the FC and VC
The slope of a line is 2 and it passes through A (2, 3) and B (-1, y). Determine y and the equation of the line.AppendixLO1
The slope of a line is -3 and it passes through P (2-2) and Q (x, 7). Determine x and the equation of the line.AppendixLO1
Determine the equation of the line that passes through the following points:a. (3,2) and (7,5)c. (1,-2) and (4,7)b. (5,-4) and (-1,4)AppendixLO1
Determine the equation of the line that passes through the following points:a. (4.6) and (2, 4)b. (0,-7) and (-6, -1)c. (3,-4) and (-1,4)AppendixLO1
Graph the following equations using the slope and y-intercept method.a. y=4x+6c. 3x+2y-12-0b. y=-x-1 AppendixLO1
Graph the following equations using the slope and y-intercept method.a. y=5x+4b. y = -11x-1 3 C. 2x + 3y+6=0.AppendixLO1
Graph the following equations using the x-intercept, y-intercept, and another point.a. 3x-4y=12 C. y=4xb. x-2y-6=0 AppendixLO1
Graph the following equations using the x-intercept, y-intercept, and another point.a. x-2y=-1b. 3x+y-4=0c. x=2y AppendixLO1
Graph the following equations using a table of values with four points:a. 4x-y=2b. x+y-4=0 C. y = 11x+2 AppendixLO1
Graph the following equations using a table of values with four points:a. 2x + 3y = 12b. x+2y-4=0 1 C. -x-2 3 AppendixLO1
Plot the following points and join them in the order A, B, C, D. Identify the type of quadrilateral and determine its area and perimeter. A (6,-3) C (-2, -6) B (6, -6) D(-2,-3)AppendixLO1
Plot the following points and join them in the order P, Q, R, S. Identify the type of quadrilateral and determine its area and perimeter. P(-2,4) R (-8,-2) Q (-8, 4) S(-2,-2)AppendixLO1
In which quadrant or axis do the following points lie?a. A (5,-1)b. B(-2, 3)c. C (3,0)d. D (4,-2)e. E (2,0)f. F (0, 4)AppendixLO1
In which quadrant or axis do the following points lie?a. A (-4,5)b. B(-5,0)c. C (-2,-7)d. D (0, -3)e. E (6,6)f. F(5, 4)AppendixLO1
Company A charged a one-time setup fee of $40 and $1.25 per page to print a book. Company B charged a one-time setup fee of $25 and $1.30 per page to print a book.a. Where would it have been cheaper
Ellie's Electric Company charged $75 for a service call and an additional $45 per hour to repair a furnace. Vladimir's Furnaces Inc. charged $40 for a service call and an additional $50 per hour to
450 tickets were sold at an opera in Calgary. Tickets for adults were sold for $9.50 each and tickets for children were sold for $5.50 each. If a total of $3675 was collected from ticket sales, how
Linh had 50 bills consisting of $20 bills and $5 bills. The total dollar value of the bills was $310. How many of each type of bill did she have?AppendixLO1
The sum of two angles is 180. One angle is 24 less than three times the other angle. Find the measure of the angles.AppendixLO1
The sum of two angles is 90. One angle is 15 more than twice the other angle. Find the measure of the angles.AppendixLO1
There are 130 coins consisting of quarters (25) and dimes (104). If the coins are worth $27.70, how many quarters and dimes are there?AppendixLO1
There are 175 coins consisting of dimes (104) and nickels (54). The coins are worth $15.00. How many dimes and nickels are there?AppendixLO1
Sahil invested $25,000, part of it at 5% per annum and the remainder at 4% per annum. If the total interest after one year was $1150, how much did he invest at each rate?AppendixLO1
Two investments were made by Adam, totalling $22,500. Part of it was invested at 6% per annum and the remainder at 5% per annum. The total interest received after one year was $1295. Find the amount
The sum of a son's age and of his father's age, in years, is 92. The difference in their ages is 28. How old are the son and the father?AppendixLO1
The sum of two numbers is 56. When the smaller number is subtracted from the larger number, the result is 22. What are the numbers?AppendixLO1
Two meals for adults and three meals for children cost $48, whereas three meals for adults and two meals for children cost $52. How much is one adult meal?AppendixLO1
Three DVDs and four movie tickets cost $94, whereas four DVDs and three movie tickets cost $81. How much is one DVD?AppendixLO1
Louis is interested in learning to dance and is comparing two different clubs. Club A charges a $60 annual fee and $4 for each class you attend. Club B charges a $36 annual fee and $6 for each class
Zainab is looking into joining a yoga club. Club A charges a $100 annual fee and a $5 fee for each class you attend. Club B charges a $50 annual fee and a $7 fee for each class you attend.a. Write an
Find the value of A for which the lines x + 3y + 1 = 0 and Ay + 2x + 2 = 0 are coincident.AppendixLO1
Find the value of B for which the lines y = Bx + 3 and x - 2y + 6 = 0 are coincident.AppendixLO1
Find the value of A for which the lines Ax - 2y - 5 = 0 and 8x-4y + 3 = 0 are parallel.AppendixLO1
Find the value of B for which the lines 3x + 2y + 8 = 0 and 6x - By - 3 = 0 are parallel.AppendixLO1
Hanna charges $20 for the first shirt that you purchase at her store. However, for every additional shirt, she charges $15. Write an equation that shows the relationship between her total revenue (y)
An online music store charges $2 for the first song that you download. For every additional song you download, you will be charged only $1.50. Write an equation that shows the relationship between
A horizontal line has a length of 8 units and the coordinates of one end of the line are (-1, -2). Find the possible coordinates of the other end of the line.AppendixLO1
A horizontal line has a length of 6 units and the coordinates of one end of the line are (-1, 3). Find the possible coordinates of the other end of the line.AppendixLO1
A vertical line has a length of 5 units and the coordinates of one end of the line are (-3, 1). Find the possible coordinates of the other end of the line.AppendixLO1
A vertical line has a length of 7 units and the coordinates of one end of the line are (1, 5). Find the possible coordinates of the other end of the line.AppendixLO1
Three vertices of a rectangle TUVW have points T (-4, 7), U (5, 7), and V (5, 4). Find the coordinates of the 4th vertex W.AppendixLO1
Three vertices of a rectangle PQRS have points P (-3, 4), Q (6, 4), and R (6, -1). Find the coordinates of the 4th vertex S.AppendixLO1
Three vertices of a square EFGH have points E (-1, -2), F (6, -2), and G (6, 5). Find the coordinates of the 4th vertex H.AppendixLO1
Three vertices of a square ABCD have points A (-3, 3), B (1, 3), and C (1,-1). Find the coordinates of the 4th vertex D.AppendixLO1
If the CPI was 128.4 at the end of 2016 and 130.4 at the end of 2017, what would be the inflation rate in 2017?AppendixLO1
The price of a loaf of bread in 2012 was $1.41 and in 2018 it increased to $1.64.a. Calculate the index number for the price of bread in 2018 using 2012 as the base year.b. Calculate the percent
What amount of earnings in 2008 had the same purchasing power as $1000 in 2018? Use the CPI provided in Table 4.4(b).AppendixLO1
If the Canadian dollar appreciated by US$0.0050 relative to the US dollar, what would be the new value of the Canadian dollar per US dollar? Assume the current exchange rate is US$1 =
Russel, who lives in Halifax, Nova Scotia, purchased a dining table set from Brazil for 800 Brazilian reals (R$). At the Canadian border, he was charged 18% duty and 15% HST to bring the table back
Daria, a student at a college in Toronto, decided to travel to Switzerland and purchased CHF750 from her bank. However, two weeks later she cancelled her trip and converted the Swiss francs back to
Georgia received her grandfather's American currency collection as part of her inheritance. She decided to sell the collection to a bank when the exchange rate was C$1 = US$0.9324. The bank charged
How much money did each of them invest in the beginning? If C$1 =85.191 and 1 = US$0.008798, how many Canadian dollars will you receive with US$1000?AppendixLO1
Antonio paid a yearly subscription amount of $250 to receive a business magazine monthly. After receiving two issues, he cancelled his subscription. Calculate the pro-rated refund he should receive
Andrew's earnings to Mei's was in the ratio of 5:6 and Mei's to Isabella's was in the ratio of 5:7. What was the ratio of the earnings of Andrew: Mei: Isabella?AppendixLO1
Jaffer and Angela invested a total of $10,000 to start a natural cosmetics business. If the ratio of their investments is 60: 40, how much did each of them invest?AppendixLO1
For every $30 that a not-for-profit foundation transferred to a relief fund, the government donated $10 towards the same cause. After two months of fundraising, the foundation had a total of $8500
What amount in 2018 had the same purchasing power as $500 in 2005? Use the CPI provided in Table 4.4(b).AppendixLO1
What amount in 2017 had the same purchasing power as $10,000 in 2008? Use the CPI provided in Table 4.4(b).AppendixLO1
The average price of an electric car in 2010 was $75,000 and the average price of an electric car in 2016 was $52,000.a. Calculate the index number for the price an electric car in 2016 using 2010 as
The average price of a dozen eggs in 2002 was $1.03 and the average price of a dozen eggs in 2018 was $2.96a. Calculate the index number for the price of a dozen eggs in 2018 using 2002 as the base
Meena bought clothes in Los Angeles, California for US$1500 by converting her Canadian currency when the exchange rate was C$1 = US$0.7549. She then returned to Toronto and had to pay customs duty of
Alexandria went to Florida and purchased a laptop for US$650 by converting her Canadian currency when the exchange rate was C$1 = US$0.7604. After a month, she returned to Vancouver but the exchange
A software company in Canada outsourced 20 software development projects to Malaysia for 30,500 Malaysian ringgits (RM) last year. How many projects can it outsource this year for the same amount of
A telecommunications company in Vancouver hired an outsourced support team of 50 people from Italy. It paid them 20,000 per person this year. If the exchange rate changes from C$1 = 0.6903 to C$1 =
A bank in Vancouver, British Columbia has a selling rate of 1 = C$1.5122. If the exchange rate is 1 = C$1.4486, calculate the rate of commission that the bank charges.AppendixLO1
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