Exam 3: Ratios and Proportions
Exam 1: Review and Applications of Basic Mathematics369 Questions
Exam 2: Review and Applications of Algebra453 Questions
Exam 3: Ratios and Proportions272 Questions
Exam 4: Mathematics of Merchandising260 Questions
Exam 5: Cost-Volume-Profit Analysis96 Questions
Exam 6: Simple Interest285 Questions
Exam 7: Applications of Simple Interest128 Questions
Exam 8: Compound Interest: Future Value and Present Value282 Questions
Exam 9: Compound Interest: Further Topics and Applications331 Questions
Exam 10: Annuities: Future Value and Present Value232 Questions
Exam 11: Annuities: Periodic Payment, Number of Payments, and Interest Rate235 Questions
Exam 12: Annuities: Special Situations167 Questions
Exam 13: Loan Amortization: Mortgages108 Questions
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A profit-sharing bonus was divided among four employees - Ms. L, Mr. M, Ms. N, and Mr. P - in the ratio of 1.5: 1: 0.75: 0.5, respectively. If Ms. N received $2,000, how much did each of the others receive?
(Short Answer)
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Based on the exchange rates in the above table, how many fewer Canadian dollars will you receive if you convert €96 at airport currency exchange kiosk instead of at the Royal Bank? On any currency exchange transaction, airport currency exchange kiosk applies a C$3.50 service charge.
Refer To: 03-03
(Short Answer)
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Mrs Cohen invested $20,000 in bonds, $15,000 in stocks and $12,000 in common shares. What is the ratio of bonds to stocks to common shares in lowest terms?
(Short Answer)
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Ajax Company had sales of $70 million, Cost of goods of $48.3 million, and Operating Expenses of $1.9. Given the same proportion, Ballard Company's sales are $25.2 million if Operating expenses are $.6.
(True/False)
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Aaron, Luc and Isaac invested in a business in the ratio of 3.5: 5: 7.5. The factory that they leased requires renovations of $125,000. If the partners want to maintain their investments in the business in the same ratio, how much should each partner pay for the renovations?
(Multiple Choice)
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The instructions for a batch of extreme punch calls for 400 mL of ginger ale to 4 litresof fruit juice. The ratio of ginger ale to fruit juice, in litres, is 0.4:4.
(True/False)
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Victoria Developments has obtained $3.6 million of total capital from three sources. Preferred shareholders contributed $550,000 (preferred equity), common shareholders contributed $1.2 million (common equity), and the remainder was borrowed (debt). What is the firm's ratio of debt to preferred equity to common equity?
(Short Answer)
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Solve the following proportion for the unknown quantity: 9: 7 = 54: b, to one decimal place.
(Short Answer)
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If the US$ weakens by 5% relative to the euro (US$1.00 = €0.746826), what will be the new value for the euro per US$1.00?
(Multiple Choice)
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Solve the following proportion for the unknown quantities: a: 58: 132 = 38: 27: b
(Short Answer)
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Solve the following proportion for the unknown quantity: 0.057: 0.149 = z: 0.05, to four decimal places.
(Short Answer)
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Mark, Ben, and Tanya own 4,250; 2,550; and 5,950 shares, respectively, of MBT Inc. What is the ratio of their share holdings in lowest terms?
(Short Answer)
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Express the following ratio in its lowest terms: 0.091: 0.021: 0.042
(Short Answer)
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If the C$ strengthens by 4% relative to the euro (C$1.00 = €0.7448), what will be the new value for the euro per C$1.00?
(Multiple Choice)
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To raise money for her hockey team, Juliana collected a total of $264. Her uncle Vic donated $96, her uncle Dave donated $48 and her aunt Karen donated the rest. In lowest terms, express the ratio of the donations of Vic, Dave and Karen.
(Multiple Choice)
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Solve the following proportion for the unknown quantity:
Leave your solution in fraction form.
(Short Answer)
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When real estate is sold, the year's property taxes are allocated to the vendor and the purchaser in proportion to the number of days that each party owns the property during the year. If the purchaser took possession of a property effective August 8 (of a 365-day year), how will the year's property taxes of $2,849 be allocated to the vendor and purchaser?
(Short Answer)
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Solve the following proportion for the unknown quantities: 3: 4: 13 = x: y: 6.5
(Short Answer)
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The current exchange rates show that US$1.00 = C$1.0339. If you have $375 US dollars, what is the equivalent amount in Canadian dollars?
(Multiple Choice)
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