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business
multinational business finance

Questions and Answers of Multinational Business Finance

Calculate the missing term in the proportion.AppendixLO1 a. 1 3 3 b. 2.25: 5: 1 = x: 1/4 1:45=x:24
Calculate the missing term in the proportion.AppendixLO1 a. 11:8=18: x b. 4.75: x = 6:3.28
Calculate the missing term in the proportion.AppendixLO1 a. 1:2=5:1 b. x 1.23.4: 5.8
Calculate the missing term in the proportion.AppendixLO1 a. 5:9=x:3 b. 12.34 1.8 x: 2.2 =
If A: B 3:4 and B: C=5:6, express A: B: C.AppendixLO1
If X: Y 2:5 and Y: Z=6:7, express X: Y: Z.AppendixLO1
Abbey and Baxter invested equal amounts of money in a business. A year later, Abbey withdrew $5000, making the ratio of their investments 5:9. How much money did each of them invest in the
Jocelyn and Haley invested equal amounts to start a business. Two months later, Jocelyn invested an additional $3000 in the business, making the ratio of their investments 11:5. How much money did
Bob, Rob, and Chuck invest $13,000, $22,000, and $18,000, respectively, to build a yacht. After the yacht was built, Bob decided to sell his share of the investment to Rob and Chuck. How much would
Three friends, Andrew, Brooks, and Charlie, have decided to invest $8000, $12,000, and $4000, respectively, to start a software development business. If Charlie decided to leave the business, how
Lottery winnings of $50,000 are to be divided between Johnny, Greg, and Andrew in the ratio of the money be distributed to them? 1 4 What is each 3 6 How should 4 5 2 3 2 1 AppendixLO1
The net profit of a company is to be divided among three partners, A, B, and C, in the ratio of partner's share if the net profit is $44,000?AppendixLO1
Darlene, a wealthy entrepreneur, is donating $14,000 to Charities A, B, and C in the ratio of 6:1: 3. How much money is she donating to each charity?AppendixLO1
Betty divides her salary between rent, food, and entertainment in the ratio of 11:4:3. If she earns $3000 a month, how much money does she spend monthly on each category?AppendixLO1
Two companies share an office building and have an agreement to share the hydro bill in the ratio of 40: 60. If the hydro bill is $360 for a month, how much should each company pay?AppendixLO1
Sherrie and Alexis invested a total of $10,000 in a web design business. If the ratio of their investments is 80: 20, how much did each of them invest?AppendixLO1
An 800 g box of cereal is $5.00 and another 750 g box of cereal is $4.80. Which unit rate is cheaper and by how much, per kg?AppendixLO1
Car A requires 8.9 litres of gas to travel 100 km. Car B requires 45 litres of gas to travel 475 km. Which car has the better fuel efficiency?AppendixLO1
Identify the option that is less expensive based on unit rate.1.2 litres of juice for $2.16, or 0.8 litres of juice for $1.40.AppendixLO1
Identify the option that is less expensive based on unit rate.2.2 kg of jam for $11.00, or 1.5 kg of jam for $7.20 AppendixLO1
Identify the option that is less expensive based on unit rate.12 pencils for $4.44, or 8 pencils for $2.88.AppendixLO1
Identify the option that is less expensive based on unit rate.6 litres of paint for $45.60, or 5 litres of paint for $37.25.AppendixLO1
Identify the option that is less expensive based on unit rate.2 kg of flour for $3.30, or 5 kg of flour for $8.40.AppendixLO1
Identify the option that is less expensive based on unit rate.3 kg of sugar for $3.90, or 5 kg of sugar for $6.25.AppendixLO1
If Person A earns $154 for working 8 hours and Person B earns $84 for working 5 hours, whose average hourly rate is higher, and by how much?AppendixLO1
If Amanda travelled 325 km in 4 hours and 15 minutes and Ashton travelled 290 km in 3 hours and 30 minutes, whose average speed was greater, and by how much?AppendixLO1
An aircraft travels a distance of 3000 km in 6 hours. Calculate the ratio of the distance traveled to the time taken, reduced to a rate of kilometres per hour.AppendixLO1
Speed is defined as the ratio of the distance travelled to the time taken. If Andrea, who lives in Toronto, took 6 hours to reach her parents' home in Montreal, which is 543 km away, calculate the
A business has 8 project leads, 12 graphic artists, 20 software developers, and 4 sales people.a. What is the ratio of the employees?b. If 2 software developers leave the business, calculate the new
A small stationery store has an inventory of 240 pencils, 180 pens, 120 calculators, and 300 notebooks. What is the ratio of the items?a. b. If they sell 150 notebooks, calculate the new ratio of the
Rodney, a hardware engineer, wants to install a component that is 38.2 mm in length into his laptop. The length of the installlation space provided in his laptop is 4.8 cm. Calculate the ratio of the
In a triathlon, participants are required to complete three successive events, swimming, bicycling, and running, without stopping. If they have to swim 3850 metres, bike 7 kilometres, and then run
What is the ratio of 9 months to 2 years and 6 months, reduced to its lowest terms?AppendixLO1
What is the ratio of 12 minutes to 6 hours, reduced to its lowest terms?AppendixLO1
Express the following ratios reduced to their lowest terms: C. 990 m to 1.2 kmd. 9 months to 2 yearsa. 10 quarters to 3 dimesb. 750 g to 12 kg C. 400 m to 3.5 kmd. 30 minutes to 3 hours AppendixLO1
Express the following ratios reduced to their lowest terms:a. 7 dimes to 4 nickelsb. 120 g to 2 kg AppendixLO1
Reduce the following ratios to their lowest terms and to an equivalent ratio with 1 as the least term.AppendixLO1 23 7 a. 3 5 10 I b. 0.45:-: 0.75 2 :0.75
Reduce the following ratios to their lowest terms and to an equivalent ratio with 1 as the least term.AppendixLO1 a. 3 2 11 - 4 3 12 3 b. 1.2 0.8 5
Reduce the following ratios to their lowest terms and to an equivalent ratio with 1 as the least term.AppendixLO1 553 a. 12:3 b. 34 1.7 8.5- 3
Reduce the following ratios to their lowest terms and to an equivalent ratio with 1 as the least term.AppendixLO1 13 a. 65:91: 2 52 b. 12:1.5:-
Reduce the following ratios to their lowest terms and to an equivalent ratio with 1 as the least term.AppendixLO1 a. 500: 400: 800 b. 175:50:125
Reduce the following ratios to their lowest terms and to an equivalent ratio with 1 as the least term.AppendixLO1 a. 420: 280: 140 b. 180:60:150
a. 8:12:16 Which of the following is not an equivalent ratio of 6:9: 12?b. 1:2:3 C. 2:3:4d. 4:6:8 AppendixLO1
Which of the following is not an equivalent ratio of 16:24:12?a. 24:36:18b. 28:42:21 C. 8:12:6d. 20:30:15 AppendixLO1
Which of the following ratios are equivalent?a. 16:22 and 64:88b. 6:8 and 27:32 C. 8: 10 and 28:35d. 4:6 and 6:10 AppendixLO1
Which of the following ratios are equivalent?a. 12:26 and 30: 65b. 12: 14 and 30:42 C. 10 12 and 35: 42d. 16:20 and 24: 30 AppendixLO1
The total cost of a car in British Columbia including 5% GST and 7% PST is $22,000. Calculate the amount of PST charged.AppendixLO1
Aluminuma Manufacturing Ltd. was expanding its production facilities and purchased large quantities of land in Oakville, Ontario for $8,560,000. If the municipality assessed the value of the
If the cost (including the 5% GST) of a laptop in Alberta was $850.65, calculate the cost of the same laptop in New Brunswick (including the 15% HST in New Brunswick).AppendixLO1
A sales representative at a furniture store receives sales commissions of 3% on the first $10,000 of sales made, 4% on the next $15,000, and 5% thereafter. If the sales representative earned $1912.50
Gracie received a job offer as a proofreader at a national news agency and is paid a gross salary of $38,000 per annum. Calculate her periodic gross payments if she is paida. monthlyb. semi-monthlyc.
Agata works for a film production company and receives a bi-weekly pay of $1661.54. If she has 40-hour workweeks and worked a total of 97 hours during her last pay period, calculate her gross payment
Lindsey invested her savings in shares of her brother's engineering company. The value of the shares that she owned dropped by $1.25 at the end of the first year, and a further $2.50 at the end of
Calculate the original price for a pair of shoes if Ruby paid $140 for them after receiving a discount of 7%.AppendixLO1
The value of a currency appreciated by 20% of its value last month and then depreciated by 20% this month. By what percent did the currency appreciate or depreciate over the two-month
Amit's store expenses for the months of July and August were $33,480 and $36,580, which were 110% and 90% of the budgeted expenditure for the months of July and August, respectively. Calculate the
Mali lives in a condominium in downtown Toronto and works for a leading telecommunications company as a multimedia specialist. She earns an annual take- home salary of $60,000, and every month she
Adam and Hope purchased their first home in London, Ontario for $244,000. If the municipality assessed the value of their house at 85% of its purchase price and the tax rate is 1.15% per annum on the
Isla purchased an industrial plot in Manitoba for $850,000 and it was assessed at 80% of its purchase price. If the property tax on the plot is 15 mills, calculate the amount of property tax that she
Kristin purchased a couch, a dining set, and a bedroom set from a store in Toronto, Ontario. If she was charged $580 in HST, calculate the total amount she paid for the furniture (HST in Ontario is
Jameela was shocked to learn that a restaurant charged her a tax of $50 on a meal with her family. The manager explained to her that the restaurant charges 13% HST on the amount as per the rules of
The GST (5%) paid for a textbook in Ontario is $6.45. Calculate the price of the textbook including GST. Textbooks are exempt from PST in Ontario.AppendixLO1
The total cost of a textbook in Alberta, including GST (5%), is $124.95. Calculate the amount of the GST.AppendixLO1
Vanessa purchased a camera in New Brunswick for $1105.14 including HST ( 15% ). What was the HST amount on the camera?AppendixLO1
Nabil bought a flat screen TV in Ontario for $1175.20, including HST (13%). What was the HST amount on the TV?AppendixLO1
Chang is paid a base salary of $1000 per month. In addition to this salary, he receives commission on sales exceeding $20,000. His total salary for last month was $2225 and his sales were $30,000.
Heather's Leather Jacket Outlet pays all its sales representatives a base salary of $18,000 per annum and a commission on all jackets that they sell over $3000. If a sales representative's salary
Afia works at a pharmaceutical company as a sales representative and receives a graduated commission of 5% for the first $10,000 in sales, 6% on the next $12,000, and 7% thereafter. Calculate her
A manufacturer of water purifiers offers sales people the following commission structure: 2% for the first $5000 they sell, 3% on the next $3000, and 5% thereafter. Larisa, a new sales
A waitress is paid $18.60 per hour. If her workweek is 37.5 hours, calculate her monthly pay.AppendixLO1
A teller at a bank is paid a monthly salary of $3071.25. If he works 35 hours per week, calculate his hourly rate.AppendixLO1
Maya scored 15% more than Zane. By what percent is Zane's score less than Maya's?AppendixLO1
If Sabrina's annual salary is 10% more than Bailey's, by what percent is Bailey's annual salary less than Sabrina's?AppendixLO1
Equity Holistic Ltd. spends $1200, $1400, $800, and $1700 on average on replacing printer cartridges for its black & white inkjet printers, colour inkjet printers, black & white laser printers, and
A manufacturing company has 280 production people, 21 quality inspectors, 15 sales people, 6 marketing people, and 15 people in other departments such as HR, Finance, etc.a. What percent of the total
Akira's financial manager invested her savings in a portfolio of shares that comprised of investments of $2000, $1800, and $3100 in the infrastructure, high- tech, and garment industries,
Mohammed's website company invests its annual savings in different mutual funds. In 2018, they invested $12,500 in high-growth funds, $5000 in medium-growth funds, and $2000 in low-growth funds. If
In 2012, 257,000 people immigrated to Canada. Of these, 3% were from the USA, 2% were from the UK, and the rest were from other countries.a. How many more people immigrated to Canada from the USA
Madison just received the first cheque from her salary and took her family out to dinner to celebrate. The waiter who was serving her at the restaurant was very hospitable so Madison left him a tip
The marketing department's expenses rose by 30% from last year. If this year's expenses were $234,260, calculate last year's expenses.AppendixLO1
A manufacturing company paid $56,400 (after a discount) for a heavy duty packing machine from Japan. If it received a discount of 21%, calculate the original price of the machine.AppendixLO1
Zainab, whose property is assessed at a value of $340,000, paid $5100 in property taxes last year. Calculate the mill rate.AppendixLO1
A plot of land outside of Edmonton is assessed to be worth $1.5 million. If the property taxes for the land are $12,000, what is the mill rate?AppendixLO1
Jess paid property taxes of $12,352.50 over last year on her home. If the purchase price of her home was $506,250, and it is assessed at 80% of the purchase price, what is the tax rate?AppendixLO1
If a plot of land is assessed to have a value of 125% of the purchase price of $815,000, and the property taxes due are $20,375, what is the tax rate?AppendixLO1
The mill rate of a residential property in a municipality is 8 mills and the property tax for an industrial property is 1.25 times that of a residential property.a. Calculate the property tax for a
The mill rate of Ranbir's house in British Columbia is 6 mills and the property tax for the factory that he owns is 1.5 times that of a residential property.a. How much will he pay in property tax if
The property tax rate for a residential building is 1.045%.a. What is the property tax for a residential property that has an assessed value of $400,000?b. What is the property tax amount for
Samantha is charged a property tax rate of 1.025% on her house.a. If her house is worth $180,000, how much property tax does she have to pay?b. If the property tax for farmland is 75% of the tax
A house in Manitoba is purchased at $375,000 and assessed at 80% of its purchase price. If the property tax on the house is 10 mills, calculate the amount of the property tax.AppendixLO1
If an industrial plot of land in British Columbia is assessed at $845,000 and the property tax is 30 mills, what is the property tax amount that the land owner would have to pay?AppendixLO1
Tractor Labs, a successful heavy equipment manufacturer in Canada, decided to expand its production line and purchased land in Mississauga, Ontario for $3,890,000. If the municipality assessed the
Christina purchased a townhouse for $880,000 in Toronto. If the municipality assessed the value of her house at 80% of its purchase price and the tax rate is 1.25% per annum on the assessed value,
The assessed value of a property is $1.5 million. The current mill rate is 7.245. Calculate the amount of property tax for this property.AppendixLO1
The assessed value of a property is $800,000.00. The current mill rate is 6.575. Calculate the amount of property tax for this property.AppendixLO1
The property tax paid for a property at a tax rate of 0.679% is $5347.44. Calculate the assessed value of the property.AppendixLO1
The property tax paid for a property at a tax rate of 0.535% is $4896.65. Calculate the assessed value of the property.AppendixLO1
Textbooks are exempt from PST in Ontario. If the total cost of a book including 5% GST is $147, how much GST is paid for the textbook?AppendixLO1
Home insurance is exempt from GST and only 8% PST is payable for such services in Ontario. If the insurance cost of a house in Ontario including taxes is $777.60 per year, calculate the amount of tax
Magazines purchased by subscriptions in Ontario prior to July 01, 2010 were taxed only 5% GST (and no PST). However, since July 1, 2010, the HST of 13% has been charged for such purchases. How much

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