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Business 110: Business Math Final Exam

Free Practice Test Instructions:

Choose your answer to the question and click 'Continue' to see how you did. Then click 'Next Question' to answer the next question. When you have completed the free practice test, click 'View Results' to see your results. Good luck!

Question 1 1. Which equation corresponds to the following graph?

Question 2 2. In the equation y=(5/2)x+1, for every 10 units up on the slope, the point will move how many units horizontally?

Question 3 3. In the equation, y=3x+2, the line will cross y-axis at what point?

Question 4 4. Tony's Tires has shown growth over the last month that follows the equation Sales = 4(Day of the month) +16. On what day of the month will Tony's Tires double its first day sales?

Question 5 5. Sam's business manufactures 5 times as many widgets as Mary does every hour but Sam needs to stop for a few minutes every hour and Mary does not. Mary makes 3 widgets during this time. Using the variables S for Sam and M for Mary, which equation represents this information?

Question 6 6. Jennifer bought a set of tools for basic home repairs for $180 with a life expectancy of 10 years. Using the double declining balance method, what is the value of the tools after year 2?

Question 7 7. Karol bought a laptop for $1,400 with a life expectancy of 7 years. Using the straight-line depreciation method, what will be the value of the laptop in 5 years?

Question 8 8. Rob is a taxi driver in New York. He purchased his car for $12,000 with a ten-year lifespan. Using the double declining balance method, what is the value after year 2?

Question 9 9. Ken purchased a camera for $300 with a lifespan of 10 years. Using the straight-line depreciation method, what is the value of the camera at the end of the calendar year, if Ken has owned it for only 2 months?

Question 10 10. Tina owns a hostel in a large town. She bought a copy machine for $1,700, which has a life expectancy of 40,000 units. In the first year, Tina and her staff copied 800 units. In the second year, they copied 900 units, and in the third year they copied 1,400 units. Using the units of production method of depreciation, what is the value of the copy machine after year 3?

Question 11 11. In a charity fundraiser, there is a lottery where everyone who attends the fundraiser will receive a coupon for a visit to either the zoo, a boxing match, a cinema premiere or to a concert. So far, 5 zoo coupons and 10 boxing coupons have been drawn. What is the probability of the next cupoun being for a boxing match?

Question 12 12. The accounting division of a large multinational company is writing an annual report on office supplies. It has calculated that the standard deviation of office supplies order is 0. What can you conclude about their office supplies?

Question 13 13. What is the final step in calculating the standard deviation?

Question 14 14. In a charity event, each person invited got a rose upon arrival. There are 40 red roses and 40 white roses. The first 10 people got 8 red and 2 white roses. What is the probability of the eleventh person getting a red rose?

Question 15 15. A restaurant owner is celebrating because his favorite team won the World Series, so he decided to hand out food for free in a random order the entire day until he runs out of food. He has 20 servings of chicken, 26 pizzas, 13 stews, 8 steaks and 14 pasta dishes. If he has so far given out 4 pasta dishes and 10 pizzas, what is the probability that the next dish will be a pizza?

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Business 110: Business Math Final Free Practice Test Instructions

Choose your answer to the question and click 'Continue' to see how you did. Then click 'Next Question' to answer the next question. When you have completed the free practice test, click 'View Results' to see your results. Good luck!

Business 110: Business Math  /  Business Courses
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