if a businesss operating expenses are 130000 per month how much money does the company spend on employee wages and beneits
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ATI TEAS 7

TEAS Test Practice Math

1. If a business's operating expenses are $130,000 per month, how much money does the company spend on employee wages and benefits?

Correct answer: B

Rationale: To calculate the amount spent on employee wages and benefits, we need to find two-thirds (2/3) of the total operating expenses of $130,000. This equals $86,666.67, which is the correct answer. Choice A ($43,333.33) is incorrect as it represents one-third of the total expenses. Choice C ($52,000.00) and Choice D ($78,000.00) are also incorrect as they do not correspond to two-thirds of the total operating expenses.

2. Four friends are sharing a pizza. One friend eats half of the pizza. The other three friends equally divide the rest among themselves. What portion of the pizza did each of the other three friends receive?

Correct answer: D

Rationale: After one friend eats half of the pizza, there is half left. This remaining half is divided equally among three friends. To find the portion each of the other three friends receives, we divide 1/2 by 3, which equals 1/6. Therefore, each of the other three friends receives 1/6 of the pizza. Choice A, 1/5, is incorrect because the correct portion is 1/6. Choice B, 1/3, is incorrect as each of the three friends receives 1/6. Choice C, 1/4, is incorrect as well since the correct portion is 1/6.

3. Jeremy put a heavy chalk mark on the tire of his bicycle. His bike tire is 27 inches in diameter. When he rolled the bike, the chalk left marks on the sidewalk. Which expression can be used to best determine the distance, in inches, the bike rolled from the first mark to the fourth mark?

Correct answer: A

Rationale: The distance traveled by the bike in one complete roll of the tire is equal to the circumference, which can be calculated using the formula C = πd, where d is the diameter. Given that the diameter of the bike tire is 27 inches, the circumference is obtained by multiplying the diameter by π. As the tire rolls from the first mark to the fourth mark, it completes three full rotations (one complete roll plus two more). Therefore, the total distance rolled is 3 times the circumference, which results in 3(27π). Choice A is correct. Choice B is incorrect as it incorrectly multiplies the diameter by 4π instead of multiplying the circumference by 4. Choices C and D are incorrect as they involve dividing the diameter by a number, which is not applicable in this context.

4. Anna is buying fruit at the farmers’ market. She selects 1.2 kilograms of apples, 800 grams of bananas, and 300 grams of strawberries. The farmer charges her a flat rate of $4 per kilogram. What is the total cost of her produce?

Correct answer: C

Rationale: To calculate the total cost, convert all weights to kilograms. 800 grams = 0.8 kilograms; 300 grams = 0.3 kilograms. Add up the weights: 1.2 kg + 0.8 kg + 0.3 kg = 2.3 kg. Multiply the total weight by the cost per kilogram: 2.3 kg × $4/kg = $9.20. Therefore, the total cost of her produce is $9.20. Choice A, $4.40, is incorrect as it does not account for the total weight of all the fruits. Choice B, $5.24, is incorrect as it does not accurately calculate the total cost based on the given weights and price per kilogram. Choice D, $48.80, is incorrect as it is significantly higher than the correct total cost and suggests an incorrect calculation method.

5. What is the least common denominator of two fractions?

Correct answer: C

Rationale: The least common denominator of two fractions is the least common multiple of both denominators. This is because the least common denominator is the smallest number that both denominators can divide into evenly, ensuring that both fractions can be expressed with a common denominator. Choice A is incorrect as the least common denominator is a multiple of both denominators, not a number that multiplies into both. Choice B is incorrect because the common denominator needs to be a multiple of both denominators, not just a number they can divide into evenly. Choice D is incorrect as the greatest common factor is not used to find the least common denominator, but rather the least common multiple.

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