Tuesday, January 29, 2008

Grainco shares' rise paradox

In the United States profits sales of Grainco's biggest selling product, cornflakes, have dropped by 30 percent over the last 3 years. During this same time, the value of a share of Grainco stock rose by over 20 percent. This is puzzling because the value of a stock usuallu decreases when a company's sales decrease.

Which of the following, if true during the last 3 years, most helps to explain why the value of a share of Grainco stock moved in the way that it did?

A. Severe drought in the Midwest destroyed a large percentage of the corn crop, forcing Grainco to buy less corn.

B. Grainco closed a food processing plant in a locality that offered cheap labor and low taxes.

C. Profits from Grainco oatmeal, which account for a large part of Grainco's total sales and profits, increased dramatically in both the foreign and domestic markets.

D. Grainco employees formed a union that helped them get higher salariesand increased medical benefits.

E. Several articles in prominent business publications listed Grainco as a company that has poor management.

binomial factors

(2^2 - 1)( 2^2 + 1)( 2^4 + 1)(2^8 + 1)

A. 2^16 - 1
B. 2^16 + 1
C. 2^32 - 1
D. 2^128 - 1
E. 2^16.(2^16 - 1)

fund amount

In a certain fund, 40 percent of the money is invested in stocks, and of that portion, 20 percent is invested in preferred stocks. If the fund has $576 invested in preferred stocks, what is the total amount of the fund?

A. $960
B. $1,440
C. $2,880
D. $4,608
E. $7,200

nested subtraction

1-(1/2 - 2/3)=

A. 6/5
B. 7/6
C. 6/7
D. 5/6
E. 0

Monday, January 14, 2008

employees in the sales dept.

Of the 60 emplyees of a certains company, twice as many are in the sales department as are in all of the other departments combined. What is the number of employees in the sales department?

A. 15
B. 20
C. 30
D. 40
E. 45

percent of 600

If 70 percent of 600 is 40 percent of x, then x =

A. 105
B. 168
C. 342 6/7
D. 660
E. 1,050

work payment

Maria works 4 days per week and earns d dollars per day. Which of the following represents the amount Maria earns at this job in w weeks?

A. 4dw
B. w / 4d
C. 4d / w
D. 4w / d
E. dw / 4