ASVAB Test Exam dumps PDF | Exam-Dumps.net (Page: 30)

QUESTION: 146

Jonathan earns $350 before taxes every two weeks at his part-time job. His withholdings are $27.75 for federal income taxes, $5.65 for Social Security (FICA), and $12.87 for Medicare tax.
How much will his net paycheck be?

$314.73
$304.73
$303.73
$313.73

Answer(s): C

Explanation:

First, total up all the withholding amounts.
$27.75 + $5.65 + $12.87 = $46.27
Jonathan's net pay is his salary for the pay period minus the total of all the withholdings.
Net pay = $350.00 - $46.27 = $303.73

Reveal Solution Next Question

QUESTION: 147

A training certificate composed on a personal computer that was designed to be nine inches long and six inches wide has to be proportionately enlarged so that its length will be 12 inches.
How many inches wide will the enlarged certificate be?

8
6
9
10

Answer(s): C

Explanation:

Since the certificate and its enlargement are similar (i.e., proportional) figures, the lengths will have the same ratio as the widths; if the length is increased by a given proportion, then the width will be increased by the same proportion or percentage of its original size.

Reveal Solution Next Question

QUESTION: 148

A basketball team won 70% of the 40 games it played.
How many games did it lose?

28
30
22
12

Answer(s): D

Explanation:

To find the number of games won, multiply the number of games played, 40, by 70% or, put differently, 0.7.
40 × 0.7 = 28
The number of games lost is the total number played minus the number won.
Number of games lost = 40 - 28 = 12

Reveal Solution Next Question

QUESTION: 149

The two members of Hoosiephaffer LLC, a limited liability company, operate their business such that it shows a profit for the year of $63,000. Their LLC operating agreement calls for them to share the profits in the ratio 5:4.
How much of the profit should go to the member who gets the larger share?

$35,000
$28,000
$32,000
$36,000

Answer(s): A

Explanation:

If the profits are shared in the ratio 5:4, one partner gets 5/9 of the profits and the other gets 4/9. Note that 5/9 +
4/9 = 1, the whole profit. The larger share is 5/9 of the profit, $35,000.

Reveal Solution Next Question

QUESTION: 150

A corporate purchaser paid $17.16 for an item that had recently been increased in price by the wholesaler by four percent.
What was the price of the item before the increase?

$17.00
$17.12
$16.50
$16.47

Answer(s): C

Explanation:

Consider the original price as 100%. Then the price after an increase of 4% is 104%. To find the original price, divide the price after the increase, $17.16, by 104% (or 1.04).
$17.16 ÷ 1.04 = $16.50
$16.50 = original price

Reveal Solution Next Question