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agement hoice the choice that best completes the statement or answer them Figure 19.1 Use this tahl Name: ID: A Class: Date: Fersonal Finance Chapter
agement hoice the choice that best completes the statement or answer them Figure 19.1 Use this tahl Name: ID: A Class: Date: Fersonal Finance Chapter 17 SERVICES Multiple Choice Identify the choice that best completes the statement or answers the question 1. The Arctic Omega Health Foods Co. plans to operate a kiosk in an upscale shopping mall. The space the kiosk will occupy is 17 foet by 22 feet. The annual rental charge is $13.25 per square foot. What is the monthly rental? a $374.00 c. $412.96 b. $385.40 d. $437.00 2. Chin Lee Florists is opening a new store in the warehouse district of town. The annual rent is 58.75 per square foot plus 5% of the store's annual gross sales. The store measures 36 feet by 48 foct. Based on experience, Chin Lee estimates $225,000 in gross sales. What is Chin Lee's estimate of the monthly rent on this store? a $1,125.00 c. $1,728.00 b. $1,260.00 d. $2,197.50 3. ALGEBRA Berti's Grocery needs 4,200 more square feet of refrigerated storage space in its distribution center. The store is willing to pay $4,000 a month for this space. What is the maximum annual rental rate per square foot Berti's can pay? a $11.43 c. $13.21 b. S12.34 d. $13.74 4. The annual rental charge for office furniture that Budget Blinds uses is $862.50. Insurance and usage charges come to 1.5% of the total. What is Budget's monthly payment? a $71.88 c. $107.81 b. S72.95 d. $117.24 3. Monterey Insurance Agency rents furniture on a temporary basis. The rental prices of the pieces that Monterey Insurance Agency rents are as follows: Item Monthly Rental Charge
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