1. The bank statement of July for Savon Co. showed a balance of $6,008.10, and the checkbook showed a balance of $1,900.40. The bookkeeper of Savon Co. noticed from the bank statement the bank had collected a note for. There was a deposit in transit made on July 1 for $1,100 along with the outstanding checks of $4,580.54. Check charges were $39.40 is the reconciled balance

  1. $2,527.66
  2. $5,272.66
  3. $2,572.66
  4. $5227.66

2. If 8G=96, then G equals

  1. 12.
  2. 21.
  3. -21.
  4. -12.

3. An LCD flat screen TV at Best Buy increased in price from $900 to $1,200. What was the percent of increase?

  1. 37 1/3%
  2. 33 1/3%
  3. 39 1/3%
  4. 35 1/3%

4. The cost of a regular price ticket to a Saint Louis baseball game was $60. During the World Series the price increased by 2/5. What did the fans pay?

  1. $65
  2. $84
  3. $80
  4. $69

5. What are the three types of check endorsement used to deposit checks into a bank account?

  1. A. Blank endorsement, in-person, full endorse, and mobile endorsement
  2. Company endorsement, full endorsement, and individual endorsement
  3. Business endorsement, personal endorsement, and restrictive endorsement
  4. Blank endorsement, full endorsement, and restrictive endorsement

6. Abby is touring China for four days. The car rental is $38.15 per day plus 12 ½ cents per mile. If Abby drives 380.5 miles, how does she owe the rental company?

  1. $201.16
  2. $200.16
  3. $475.56
  4. $152.60

7. What is the first task in using the approach to finding the greatest common divisor?

  1. Divide the numerator into the denominator
  2. Divide the larger number into the smaller
  3. Divide the remainder into divisor
  4. Use the observation method

8. AlReese and Marci Rey received a total of $210,000 from a deceased relative’s estate. They decided to put away $ 50,000 in a trust for child and divide the remainder into ¼ forAl. How much will Al receive?

  1. $40,000
  2. $32,000
  3. $120,000
  4. $10,000

Joe Jackson worked 8 hours on Monday, 4 ½ hours on Tuesday, 6 ½ hours on Wednesday, 7 ¼ hours on Thursday, and 8 1/8 hours on Friday. Calculate the total number of hours Joe worked for the week.

  1. 32 ¾
  2. 33 1/8
  3. 33 3/4
  4. 35

9. Ace Landscape buys 100 shovels for $15 each. Ace sells all 100 shovels at $29.99. What is his profit?

  1. $1,499
  2. $1,400
  3. $2,999
  4. $1,500

10. Pumpkins at local farm see for $.49 per pound. Jim Ring spent $73.50. How many pounds of pumpkins did he purchase?

  1. 510
  2. 100
  3. 150
  4. 110

11. Mia Wong’s checking account had a balance of $3,100.55 on July 1. After looking at her bank statement, she noticed an NSF for $60. 50, a charge of $12.55, and a note collected for $600. There was one deposit in transit for $400 and no checks outstanding. What is the reconciled checkbook balance?

  1. $5,327.50
  2. $3,267.50
  3. $3,627.50
  4. $3.527

12. The price of a Panasonic 3D flat screen television decreased by 1/5. If the original price was $1,500, what is the price today?

  1. $1,200
  2. $1,500
  3. $1,000
  4. $1,800

13. At Best Buy a flat screen television with a regular price of $1,700 was reduced by 4 395. Assuming 800 customers purchased the computer, what were the total sales to Best Buy?

  1. $1,116,000
  2. $116,000
  3. $1,160
  4. $1,161,00

14. Facebook’s initial IPO was $38 per share. Ariana purchased 616 shares. Assuming a cost of $7.00 to purchase the 616 shares, what was Arianna’s total cost?

  1. $22,514
  2. $23,408
  3. $23,415
  4. $20,000

15.If n/8+6=58, then N equals

  1. 521.
  2. 461.
  3. 512.
  4. 416.