question_id int64 70 12.3k | question stringlengths 9 4.67k | options listlengths 3 10 | answer stringclasses 10
values | answer_index int64 0 9 | cot_content stringclasses 1
value | category stringclasses 14
values | src stringclasses 91
values | instruction stringlengths 272 5.48k |
|---|---|---|---|---|---|---|---|---|
171 | A loan is made on December 17 for a time period of 120 days. When is it due (not a leap year)? | [
"April 15",
"April 13",
"April 18",
"May 15",
"April 16",
"April 12",
"April 17",
"May 1",
"March 17",
"April 14"
] | E | 4 | business | stemez-Business | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
A loan is made on December 17 for a time period of 120 days. When is it due (not a leap year)?
Options:
A. April 15
B. April 13
C. April 18
D. May 15
E. Ap... | |
172 | A $39.90 radio can be purchased on the installment plan for $5.00 down and $3.10 a month for a year. What is the annual interest rate for this installment purchase? | [
"14%",
"17.5%",
"10%",
"15%",
"19.8%",
"20%",
"5%",
"8%",
"12.2%",
"25%"
] | I | 8 | business | stemez-Business | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
A $39.90 radio can be purchased on the installment plan for $5.00 down and $3.10 a month for a year. What is the annual interest rate for this installment ... | |
173 | An electric sign in Times Square cost $4,500. It has an expected life of 11,250 hours after which it will have a scrap value of $450. What is the depreciation charge for a month in which it was used 478 hours? | [
"$185.00",
"$165.00",
"$200.00",
"$180.00",
"$160.00",
"$195.00",
"$172.08",
"$150.00",
"$190.00",
"$210.00"
] | G | 6 | business | stemez-Business | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
An electric sign in Times Square cost $4,500. It has an expected life of 11,250 hours after which it will have a scrap value of $450. What is the depreciat... | |
174 | While on a trip to St. Louis, Howard Travers made the following purchases: 10 gal @ 33.9 \textcent 14 gal @ 32.9 \textcent 12 gal @ 31. 9 \textcent 8 gal @ 29.9 \textcent What was the average cost per gallon, to the nearest tenth of a cent? | [
"33.5 cents",
"30.5 cents",
"32.7 cents",
"35.0 cents",
"30.9 cents",
"32.3 cents",
"31.8 cents",
"31.4 cents",
"34.1 cents",
"33.2 cents"
] | F | 5 | business | stemez-Business | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
While on a trip to St. Louis, Howard Travers made the following purchases: 10 gal @ 33.9 \textcent 14 gal @ 32.9 \textcent 12 gal @ 31. 9 \textcent 8 gal @... | |
175 | The owner of a small store plans on purchasing $1,500 worth of goods to be marked up 40% based on the selling price. Of this he will have purchased $200 worth of "floor goods", which will sell for $250. If he is to maintain the desired 40% markup on the total purchase, what markup % is needed on the balance of the purc... | [
"43.75%",
"41%",
"50%",
"45%",
"39.5%",
"38%",
"47.5%",
"46.5%",
"40%",
"42.22%"
] | J | 9 | business | stemez-Business | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
The owner of a small store plans on purchasing $1,500 worth of goods to be marked up 40% based on the selling price. Of this he will have purchased $200 wo... | |
176 | Mr. Carson signed a note as payment for a debt on March 15. If the note had a term of two months, what was its maturity date? | [
"August 15",
"May 15",
"April 15",
"March 15",
"May 14",
"July 15",
"April 14",
"May 16",
"May 13",
"June 15"
] | B | 1 | business | stemez-Business | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
Mr. Carson signed a note as payment for a debt on March 15. If the note had a term of two months, what was its maturity date?
Options:
A. August 15
B. May ... | |
177 | John Wilson retired at age 62 with average yearly earnings of $5400. His wife was also 62 when he retired. How much do the Wilsons receive each month? | [
"$262.15",
"$150.25",
"$475.00",
"$294.50",
"$410.80",
"$345.70",
"$94.00",
"$5400",
"$200.50",
"$125.00"
] | D | 3 | business | stemez-Business | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
John Wilson retired at age 62 with average yearly earnings of $5400. His wife was also 62 when he retired. How much do the Wilsons receive each month?
Opti... | |
178 | Mr. Howard owns a house worth $16,500 which is assessed at the rate of 22%. His tax rates are as follows: $.41 per $100 for a local college fund $.02 per $100 for special education $.001 per $100 for health and welfare $.089 per $100 for community construction How much tax does Mr. Howard pay for each of these needs? W... | [
"$3.23",
"$21.43",
"$18.88",
"$20.00",
"$17.65",
"$22.50",
"$19.76",
"$16.34",
"$15.47",
"$14.88"
] | C | 2 | business | stemez-Business | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
Mr. Howard owns a house worth $16,500 which is assessed at the rate of 22%. His tax rates are as follows: $.41 per $100 for a local college fund $.02 per $... | |
179 | It has been found that hours of recreation (r) and wages (W) have a direct effect on productivity (P), so that : P =ar+bW. In two surveys it was found that Survey 1P = 170 : r = 51 : W = 136 Survey 2P = 425 : r = 68 : W = 204 What are the values of a and b ? | [
"a = 68, b = 204",
"a = 2, b = 1.25",
"a = 0, b = 3",
"a = 170, b = 425",
"a = 5, b = 2",
"a = 4, b = 1.5",
"a = 3, b = 0.5",
"a = -20, b = 8.75",
"a = 51, b = 136",
"a = 10, b = 0.85"
] | H | 7 | business | stemez-Business | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
It has been found that hours of recreation (r) and wages (W) have a direct effect on productivity (P), so that : P =ar+bW. In two surveys it was found that... | |
180 | A sum of money is borrowed for a term of 1 year, discounted at the rate of 6%. What is the true rate of interest charged? What would the true rate of interest be for the same sum of money discounted at an 8% rate? (Record answers to the nearest tenth of 1%.) | [
"6.2%, 8.5%",
"6.1%, 8.2%",
"5.9%, 8.0%",
"6.0%, 8.6%",
"6.4%, 8.7%",
"6.8%, 8.9%",
"6.3%, 8.1%",
"7.0%, 8.8%",
"6.7%, 8.4%",
"6.5%, 8.3%"
] | E | 4 | business | stemez-Business | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
A sum of money is borrowed for a term of 1 year, discounted at the rate of 6%. What is the true rate of interest charged? What would the true rate of inter... | |
181 | Mr. Casey purchased office furniture for $725. It has an estimated salvage value of $25.00 at the end of 10 years. Using the sum-of-the-years-digits method, find the depreciation for the fourth year. | [
"$65.50",
"$55",
"$700",
"$120.25",
"$95",
"$725",
"$89.09",
"$100",
"$130.15",
"$72.25"
] | G | 6 | business | stemez-Business | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
Mr. Casey purchased office furniture for $725. It has an estimated salvage value of $25.00 at the end of 10 years. Using the sum-of-the-years-digits method... | |
182 | Steven Fox is a salesman for the Maxi-Power Vacuum Cleaner Co. He receives $32.50 for each cleaner he sells, plus a 25% commission on all the accessories and supplies he sells. Find his total income for the month during which he sells 14 cleaners and $237.40 worth of accessories and supplies. | [
"$514.35",
"$402.75",
"$732.85",
"$312.50",
"$595.50",
"$489.85",
"$237.40",
"$455.00",
"$59.35",
"$674.10"
] | A | 0 | business | stemez-Business | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
Steven Fox is a salesman for the Maxi-Power Vacuum Cleaner Co. He receives $32.50 for each cleaner he sells, plus a 25% commission on all the accessories a... | |
183 | A radio costing $38.00 plus 3% excise tax and 4% sales tax may be purchased for $10.00 down and 3 payments of $11.60. (A) What is the cash price of the radio? (B) What is the installment price of the radio? | [
"Cash price: $40.71, Installment price: $44.80",
"Cash price: $40.71, Installment price: $49.80",
"Cash price: $40.71, Installment price: $34.80",
"Cash price: $38.00, Installment price: $44.80",
"Cash price: $42.00, Installment price: $45.80",
"Cash price: $38.00, Installment price: $54.80",
"Cash pric... | A | 0 | business | stemez-Business | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
A radio costing $38.00 plus 3% excise tax and 4% sales tax may be purchased for $10.00 down and 3 payments of $11.60. (A) What is the cash price of the rad... | |
184 | A bulldozer that the Columbus Construction Co. purchased for $15,500, will have a trade-in value of $2,600 after five years. What is the book value at the end of the first three years, if the company uses the sum-of-the- years-digits method? | [
"$4,120",
"$8,250",
"$2,580",
"$9,360",
"$11,000",
"$15,500",
"$6,500",
"$5,180",
"$10,320",
"$7,040"
] | H | 7 | business | stemez-Business | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
A bulldozer that the Columbus Construction Co. purchased for $15,500, will have a trade-in value of $2,600 after five years. What is the book value at the ... | |
185 | Mr. Langham decides to take a loan from his bank for $60 at a nominal rate of 6%. If he agrees to repay the loan in equal installments over a period of 15 months, how much will each of the monthly payments be? | [
"$4.60",
"$4.30",
"$4.70",
"$4.50",
"$3.80",
"$4.00",
"$4.10",
"$64.50",
"$5.00",
"$60"
] | B | 1 | business | stemez-Business | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
Mr. Langham decides to take a loan from his bank for $60 at a nominal rate of 6%. If he agrees to repay the loan in equal installments over a period of 15 ... | |
186 | A television sells for $226.50. The markup is 30% based on the cost. Find the cost. | [
"$190.20",
"$152.35",
"$198.75",
"$174.23",
"$210.00",
"$158.90",
"$165.35",
"$145.00",
"$200.50",
"$180.40"
] | D | 3 | business | stemez-Business | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
A television sells for $226.50. The markup is 30% based on the cost. Find the cost.
Options:
A. $190.20
B. $152.35
C. $198.75
D. $174.23
E. $210.00
F. $158... | |
187 | Assume that some function, K = F (i) is the cost of the production and marketing of a product, and the total cost (K) is solelydependantupon the number of items produced, whereistands for the number of items produced. Then, the average rate of change in cost = {change in total cost / change in number of items) ; (\Delt... | [
"$.15 per unit from 25 to 100 items, $.20 per unit from 25 to 225 items",
"$.10 per unit from 25 to 100 items, $.30 per unit from 25 to 225 items",
"$.40 per unit from 25 to 100 items, $.10 per unit from 25 to 225 items",
"$.25 per unit from 25 to 100 items, $.20 per unit from 25 to 225 items",
"$.30 per un... | I | 8 | business | stemez-Business | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
Assume that some function, K = F (i) is the cost of the production and marketing of a product, and the total cost (K) is solelydependantupon the number of ... | |
188 | The Motor-Cade Auto Supply Company is taking inventory for the quarter ending June 30. It discovers that it has150 cans of Q-56 motor oil on hand. Records reveal the following information: Quantity Cost per Can Inventory, April 1 130 $.36 Purchase, April 15 100 $.365 Purchase, May 23 180 $.40 Purchase, June 29 120 $.42... | [
"$63.35",
"$64.35",
"$59.35",
"$60.35",
"$55.35",
"$56.35",
"$57.35",
"$61.35",
"$58.35",
"$62.35"
] | I | 8 | business | stemez-Business | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
The Motor-Cade Auto Supply Company is taking inventory for the quarter ending June 30. It discovers that it has150 cans of Q-56 motor oil on hand. Records ... | |
189 | What is the net price of a calculator list-priced at $100.00 and discounted at 40% and 25%? | [
"$65",
"$70",
"$45",
"$55",
"$60",
"$50",
"$35",
"$40",
"$75",
"$30"
] | C | 2 | business | stemez-Business | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
What is the net price of a calculator list-priced at $100.00 and discounted at 40% and 25%?
Options:
A. $65
B. $70
C. $45
D. $55
E. $60
F. $50
G. $35
H. $4... | |
190 | What are the three differing types of stakeholder theory according to Donaldson and Preston (1995)? | [
"Normative, Political and Economic",
"Political, Descriptive and Economic",
"Normative, Moral and Instrumental",
"Normative, Descriptive and Political",
"Normative, Moral and Economic",
"Normative, Instrumental and Economic",
"Moral, Descriptive and Instrumental",
"Normative, Descriptive and Instrumen... | H | 7 | business | ori_mmlu-business_ethics | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
What are the three differing types of stakeholder theory according to Donaldson and Preston (1995)?
Options:
A. Normative, Political and Economic
B. Politi... | |
191 | _______ theory can be described as a code of conduct to which all rational beings should adhere. This contrasts with ________ morality which is the code of conduct adopted by a particular group or society. | [
"Normative, Ethical",
"Ethical, Descriptive",
"Normative, Instrumental",
"Normative, Descriptive",
"Descriptive, Ethical",
"Ethical, Normative",
"Instrumental, Normative",
"Descriptive, Normative",
"Normative, Prescriptive",
"Descriptive, Prescriptive"
] | D | 3 | business | ori_mmlu-business_ethics | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
_______ theory can be described as a code of conduct to which all rational beings should adhere. This contrasts with ________ morality which is the code of... | |
192 | Although the benefit and contribution of civil society in encouraging sustainability, lobbying on important issues and helping the needy are taken for granted in many places, in many other countries, such as _____ and ______ civil society is far less developed than in, for instance, _______. | [
"India, Russia, Norway",
"Germany, France, Australia",
"Canada, Russia, United States",
"China, India, United States",
"United States, Canada, China",
"Russia, China, Britain",
"Australia, Norway, Russia",
"Norway, China, Russia",
"Britain, United States, Australia",
"Britain, Australia, China"
] | F | 5 | business | ori_mmlu-business_ethics | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
Although the benefit and contribution of civil society in encouraging sustainability, lobbying on important issues and helping the needy are taken for gra... | |
193 | Which of the following is not one the underlying principles of the corporate governance Combined Code of Practice? | [
"Integrity",
"Adaptability",
"Accountability",
"Openness",
"Dependability",
"Acceptability"
] | F | 5 | business | ori_mmlu-business_ethics | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
Which of the following is not one the underlying principles of the corporate governance Combined Code of Practice?
Options:
A. Integrity
B. Adaptability
C.... | |
194 | There are three main types of buying situations in an organization, referred to by Robinson, Faris, and Wind (1967) as _____________. | [
"Buygroups.",
"Buyphases.",
"Purchase categories.",
"Buyorders.",
"Repeat purchases.",
"Buysets.",
"Spend classes.",
"Procurements.",
"Tenders.",
"Buyclasses."
] | J | 9 | business | ori_mmlu-marketing | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
There are three main types of buying situations in an organization, referred to by Robinson, Faris, and Wind (1967) as _____________.
Options:
A. Buygroup... | |
195 | Which of the following are aimed at providing customers with the peace of mind of knowing that the company they are purchasing from is competitive in price? | [
"Price comparison tools.",
"Price negotiation strategies.",
"Price competitiveness.",
"Price discrimination.",
"Price adjustment policies.",
"Price skimming strategies.",
"Price guarantee schemes.",
"Reference prices."
] | G | 6 | business | ori_mmlu-marketing | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
Which of the following are aimed at providing customers with the peace of mind of knowing that the company they are purchasing from is competitive in pric... | |
196 | These objectives are often the most suitable when firms operate in a market dominated by a major competitor and where their financial resources are limited. | [
"Hold objectives.",
"Expansion objectives.",
"Market objectives.",
"Competitive objectives.",
"Niche objectives",
"Harvest objectives.",
"Divest objectives.",
"Growth objectives."
] | E | 4 | business | ori_mmlu-marketing | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
These objectives are often the most suitable when firms operate in a market dominated by a major competitor and where their financial resources are limite... | |
197 | The primary objective of team-based selling is to | [
"equitably manage the sales bonus pool",
"increase the competitiveness within the sales team",
"create multiple points of contact between the customer and the company",
"distribute the work involved in managing an account",
"reduce the workload of individual salespeople",
"ensure that every team member ge... | H | 7 | business | ori_mmlu-marketing | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
The primary objective of team-based selling is to
Options:
A. equitably manage the sales bonus pool
B. increase the competitiveness within the sales team
C... | |
198 | With this pricing approach, the pricing process begins with the customer; not the cost of the product offering: | [
"Sales pricing.",
"Skimming pricing.",
"Cost-based pricing.",
"Dynamic pricing.",
"Competitive pricing.",
"Penetration pricing.",
"Premium pricing.",
"Value-based pricing."
] | H | 7 | business | ori_mmlu-marketing | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
With this pricing approach, the pricing process begins with the customer; not the cost of the product offering:
Options:
A. Sales pricing.
B. Skimming pri... | |
199 | ___________ is based on the idea that customer expectations of the service they will receive shape their perception of the actual service encounter. | [
"Service perception.",
"Service expectation.",
"Service action.",
"Service adjustment.",
"Service recovery.",
"Service performance.",
"Service delivery.",
"Service satisfaction.",
"Service encounter.",
"Service quality."
] | J | 9 | business | ori_mmlu-marketing | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
___________ is based on the idea that customer expectations of the service they will receive shape their perception of the actual service encounter.
Option... | |
200 | Which one of the following political leaders could not be termed a 'transformational' leader? | [
"Barack Obama",
"Winston Churchill",
"Franklin D. Roosevelt",
"Martin Luther King Jr.",
"Mikhail Gorbachov",
"Nelson Mandela",
"Mahatma Gandhi",
"Jawaharlal Nehru",
"Bill Clinton",
"Margaret Thatcher"
] | I | 8 | business | ori_mmlu-management | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
Which one of the following political leaders could not be termed a 'transformational' leader?
Options:
A. Barack Obama
B. Winston Churchill
C. Franklin D. ... | |
201 | What is a paradigm? | [
"A research methodology",
"A practical application of a theory",
"An illustration",
"An experimental hypothesis",
"A statistical analysis",
"A proven scientific law",
"A theoretical model",
"A theoretical assumption",
"A philosophical belief",
"An example serving as a model"
] | J | 9 | business | ori_mmlu-management | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
What is a paradigm?
Options:
A. A research methodology
B. A practical application of a theory
C. An illustration
D. An experimental hypothesis
E. A statist... | |
202 | According to Belbin (1981) an extroverted and enthusiastic person fits with what role? | [
"Problem Solver",
"Resource investigator",
"Specialist",
"Monitor Evaluator",
"Completer Finisher",
"Innovator",
"Implementer"
] | B | 1 | business | ori_mmlu-management | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
According to Belbin (1981) an extroverted and enthusiastic person fits with what role?
Options:
A. Problem Solver
B. Resource investigator
C. Specialist
D.... | |
203 | What is the term for organisational development through a formally designed organisational structure? | [
"Mechanistic",
"Processual",
"Formal",
"Strategic",
"Organic",
"Operational",
"Hierarchical"
] | A | 0 | business | ori_mmlu-management | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
What is the term for organisational development through a formally designed organisational structure?
Options:
A. Mechanistic
B. Processual
C. Formal
D. St... | |
204 | Carl the clothier owns a large garment factory on an isolated island. Carl's factory is the only source of employment for most of the islanders, and thus Carl acts as a monopsonist. The supply curve for garment workers is given by l = 80w, where l is the number of workers hired and w is their hourly wage. Assume also t... | [
"270",
"180",
"250",
"220",
"100",
"120",
"200",
"150",
"300",
"350"
] | G | 6 | business | theoremQA-Finance | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
Carl the clothier owns a large garment factory on an isolated island. Carl's factory is the only source of employment for most of the islanders, and thus C... | |
205 | If the annual earnings per share has mean $8.6 and standard deviation $3.4, what is the chance that an observed EPS less than $5.5? | [
"0.3571",
"0.0625",
"0.2345",
"0.5000",
"0.4112",
"0.1814",
"0.3035",
"0.0923",
"0.2756",
"0.1587"
] | F | 5 | business | theoremQA-Finance | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
If the annual earnings per share has mean $8.6 and standard deviation $3.4, what is the chance that an observed EPS less than $5.5?
Options:
A. 0.3571
B. 0... | |
206 | Traders in major financial institutions use the Black-Scholes formula in a backward fashion to infer other traders' estimation of $\sigma$ from option prices. In fact, traders frequently quote sigmas to each other, rather than prices, to arrange trades. Suppose a call option on a stock that pays no dividend for 6 month... | [
"0.275",
"0.225",
"0.165",
"0.195",
"0.210",
"0.350",
"0.300",
"0.180",
"0.320",
"0.251"
] | J | 9 | business | theoremQA-Finance | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
Traders in major financial institutions use the Black-Scholes formula in a backward fashion to infer other traders' estimation of $\sigma$ from option pric... | |
207 | John's Lawn Mowing Service is a small business that acts as a price-taker (i.e., MR = P). The prevailing market price of lawn mowing is $20 per acre. John's costs are given by total cost = 0.1q^2 + 10q + 50, where q = the number of acres John chooses to cut a day. Calculate John's maximum daily profit. | [
"200",
"100",
"175",
"120",
"150",
"225",
"300",
"250",
"130",
"160"
] | A | 0 | business | theoremQA-Finance | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
John's Lawn Mowing Service is a small business that acts as a price-taker (i.e., MR = P). The prevailing market price of lawn mowing is $20 per acre. John'... | |
208 | You are asked to determine the price of a European put option on a stock. Assuming the Black-Scholes framework holds, you are given: (i) The stock price is $100. (ii) The put option will expire in 6 months. (iii) The strike price is $98. (iv) The continuously compounded risk-free interest rate is r = 0.055. (v) δ = 0.0... | [
"16.4",
"9.7",
"11.9",
"15.6",
"13.1",
"14.2",
"7.8",
"8.5",
"12.3",
"10.5"
] | C | 2 | business | theoremQA-Finance | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
You are asked to determine the price of a European put option on a stock. Assuming the Black-Scholes framework holds, you are given: (i) The stock price is... | |
209 | Calculate the interest rate (between 0 and 1) for an account that started with $5,000 and now has $13,000 and has been compounded annually for the past 12 years. Answer with the numeric value. | [
"0.0695",
"0.0587",
"0.0871",
"0.0500",
"0.0654",
"0.0828",
"0.0999",
"0.1100",
"0.0756",
"0.0932"
] | F | 5 | business | theoremQA-Finance | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
Calculate the interest rate (between 0 and 1) for an account that started with $5,000 and now has $13,000 and has been compounded annually for the past 12 ... | |
210 | Universal Fur is located in Clyde, Baffin Island, and sells high-quality fur bow ties throughout the world at a price of $5 each. The production function for fur bow ties (q) is given by q = 240x - 2x^2, where x is the quantity of pelts used each week. Pelts are supplied only by Dan's Trading Post, which obtains them b... | [
"300",
"900",
"200",
"800",
"1100",
"400",
"1000",
"700",
"500",
"600"
] | J | 9 | business | theoremQA-Finance | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
Universal Fur is located in Clyde, Baffin Island, and sells high-quality fur bow ties throughout the world at a price of $5 each. The production function f... | |
211 | Suppose there is a 50-50 chance that an individual with logarithmic utility from wealth and with a current wealth of $20,000 will suffer a loss of $10,000 from a car accident. Insurance is competitively provided at actuarially fair rates. Compute the utility if the individual buys full insurance. | [
"8.954",
"9.616",
"9.000",
"9.300",
"9.850",
"10.000",
"8.500",
"8.000",
"9.700",
"9.210"
] | B | 1 | business | theoremQA-Finance | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
Suppose there is a 50-50 chance that an individual with logarithmic utility from wealth and with a current wealth of $20,000 will suffer a loss of $10,000 ... | |
212 | Assume the Black-Scholes framework. For $t \ge 0$, let $S(t)$ be the time-$t$ price of a nondividend-paying stock. You are given:
(i) $S(0)=0.5
(ii) The stock price process is $\frac{dS(t)}{S(t)} = 0.05dt+0.2dZ(t)$ where $Z(t)$ is a standart Brownian motion.
(iii) $E[S(1)^\alpha]=1.4$, where $\alpha$ is a negative cons... | [
"1.450",
"1.475",
"1.415",
"1.250",
"1.360",
"1.390",
"1.325",
"1.500",
"1.287",
"1.372"
] | J | 9 | business | theoremQA-Finance | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
Assume the Black-Scholes framework. For $t \ge 0$, let $S(t)$ be the time-$t$ price of a nondividend-paying stock. You are given:
(i) $S(0)=0.5
(ii) The st... | |
213 | A teacher wants to invest $30,000 into an account that compounds annually. The interest rate at this bank is 1.8%. How much money will be in the account after 6 years? | [
"37000.00",
"36000.00",
"33850.00",
"31000.00",
"34567.89",
"32700.00",
"30180.00",
"33389.35",
"35000.00",
"32000.00"
] | H | 7 | business | theoremQA-Finance | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
A teacher wants to invest $30,000 into an account that compounds annually. The interest rate at this bank is 1.8%. How much money will be in the account af... | |
214 | Mr. Smith purchased a car for $4250. He was allowed $500 for his old car as a down payment. The balance was paid in 25 equal monthly payments of $180. What was the interest rate (nearest 10th of 1%)? Use the constant ratio formula. | [
"20.5%",
"14.5%",
"18.5%",
"21.5%",
"15.5%",
"22.5%",
"13.5%",
"17.5%",
"16.5%",
"19.5%"
] | C | 2 | business | stemez-Business | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
Mr. Smith purchased a car for $4250. He was allowed $500 for his old car as a down payment. The balance was paid in 25 equal monthly payments of $180. What... | |
215 | Amalgamated Corp. offered one of its Vice Presidents an option to purchase 1000 shares of its common stock on June 21 at 95% of its average price for the day. If Amalgamated' s high for the day was 19(3/8) and its low was 18(3/4), at what price per share was the option awarded? | [
"$18.109375 per share",
"$19.0625 per share",
"$19.25 per share",
"$17.875 per share",
"$19.375 per share",
"$17.65625 per share",
"$20.00 per share",
"$18.5625 per share",
"$18.9375 per share",
"$18.75 per share"
] | A | 0 | business | stemez-Business | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
Amalgamated Corp. offered one of its Vice Presidents an option to purchase 1000 shares of its common stock on June 21 at 95% of its average price for the d... | |
216 | Parks Wholesalers are offering a chain discount of 25-10-5% on sofas. What is an equivalent single discount for this series? | [
"36.5%",
"30%",
"50%",
"34%",
"32.5%",
"25%",
"40%",
"37.5%",
"38%",
"35.875%"
] | J | 9 | business | stemez-Business | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
Parks Wholesalers are offering a chain discount of 25-10-5% on sofas. What is an equivalent single discount for this series?
Options:
A. 36.5%
B. 30%
C. 50... | |
217 | Mr. Singer insured his house for $36,000 with a policy containing an 80% coinsurance clause. If the house has a value of $45,000 and he suffers a fire loss of $10,500, how much will the insurance company pay? | [
"$9,450",
"$9,000",
"$8,400",
"$11,000",
"$10,500",
"$7,200",
"$8,500",
"$6,000",
"$7,875",
"$12,000"
] | E | 4 | business | stemez-Business | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
Mr. Singer insured his house for $36,000 with a policy containing an 80% coinsurance clause. If the house has a value of $45,000 and he suffers a fire loss... | |
218 | Kirk and Martin are partners and have agreed that, after interest at 6% is allowed on average investment, Kirk will receive one third and Martin two thirds of the remaining profits. On Jan. 1, Kirk's net worth was $72,000 and Martin's was $63,000. Kirk withdrew $3,000 on July 1 and made an additional investment of $1,2... | [
"Kirk's share of total profits: $13,080, Martin's share of total profits: $24,000",
"Kirk's share of total profits: $12,540, Martin's share of total profits: $24,540",
"Kirk's share of total profits: $12,930, Martin's share of total profits: $24,150",
"Kirk's share of total profits: $13,500, Martin's share of... | J | 9 | business | stemez-Business | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
Kirk and Martin are partners and have agreed that, after interest at 6% is allowed on average investment, Kirk will receive one third and Martin two thirds... | |
219 | In the event of bankruptcy, what is the order of payment of bonds, common stock, and preferred stock? | [
"Preferred stockholders, common stockholders, bondholders",
"Bondholders, common stockholders, preferred stockholders",
"Preferred stockholders, bondholders, common stockholders",
"Common stockholders, bondholders, preferred stockholders",
"Bondholders and common stockholders equally, then preferred stockho... | I | 8 | business | stemez-Business | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
In the event of bankruptcy, what is the order of payment of bonds, common stock, and preferred stock?
Options:
A. Preferred stockholders, common stockholde... | |
220 | Distribution of overhead is based on floor space. Department Aoccupied 8,100 sq. ft. of the 121,500 sq. ft. of space used byHar-rison Manufacturing Company. Find department A's shareof overhead based on floor footage for a month in whichthe total overhead of the Harrison Manufacturing Company was $97,500. | [
"$6,500",
"$7,250",
"$9,750",
"$5,000",
"$97,500",
"$4,100",
"$121,500",
"$12,150",
"$10,000",
"$8,100"
] | A | 0 | business | stemez-Business | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
Distribution of overhead is based on floor space. Department Aoccupied 8,100 sq. ft. of the 121,500 sq. ft. of space used byHar-rison Manufacturing Company... | |
221 | John's $200 earns interest at the rate of 5% for one year, compounded quarterly. Show how he would calculate the interest without the aid of a formula or a table. | [
"$10.00",
"$20.00",
"$5.00",
"$8.75",
"$15.25",
"$10.50",
"$12.62",
"$10.19",
"$21.55",
"$11.03"
] | H | 7 | business | stemez-Business | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
John's $200 earns interest at the rate of 5% for one year, compounded quarterly. Show how he would calculate the interest without the aid of a formula or a... | |
222 | A savings account containing $2000 earned 4% interest, compounded quarterly for 3 years, and then 5% interest, compounded semiannually, for the next two years. What was the final balance in the savings account? How much interest did it earn? (Use 6 decimals in table factor.) | [
"$2487.61 and $487.65",
"$2625.34 and $625.34",
"$2430.25 and $430.25",
"$2503.76 and $503.76",
"$2552.03 and $552.03",
"$2253.65 and $253.65",
"$2000 and $487.61",
"$2487.61 and $487.61",
"$2600.00 and $600.00",
"$2356.89 and $356.89"
] | H | 7 | business | stemez-Business | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
A savings account containing $2000 earned 4% interest, compounded quarterly for 3 years, and then 5% interest, compounded semiannually, for the next two ye... | |
223 | The sinking-fund-payment factor fori= 5(1/2)% = 4 is 0.2303. For the sameiand n, find the (a) uniform-series compound-amount factor, (b) capital-recovery factor, (c) uniform-series present- worth factor. | [
"USCA = 4.3500, CR = 0.2825, USPW = 3.5121",
"USCA = 4.3422, CR = 0.2833, USPW = 3.5051",
"USCA = 4.3103, CR = 0.2833, USPW = 3.5031",
"USCA = 4.3422, CR = 0.2853, USPW = 3.5021",
"USCA = 4.2303, CR = 0.2853, USPW = 3.5051",
"USCA = 4.3422, CR = 0.2900, USPW = 3.4001",
"USCA = 4.3303, CR = 0.2800, USPW ... | H | 7 | business | stemez-Business | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
The sinking-fund-payment factor fori= 5(1/2)% = 4 is 0.2303. For the sameiand n, find the (a) uniform-series compound-amount factor, (b) capital-recovery f... | |
224 | A bedroom set with a cash value of $720 can be purchased on the installment plan for 18 monthly payments of $47.20 each. What is the annual interest rate? | [
"21%",
"16.8%",
"24%",
"15%",
"25%",
"19.5%",
"20%",
"18%",
"23.5%",
"22.7%"
] | J | 9 | business | stemez-Business | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
A bedroom set with a cash value of $720 can be purchased on the installment plan for 18 monthly payments of $47.20 each. What is the annual interest rate?
... | |
225 | Mr.Tencerhas a $10,000 mortgage at a rate of 6% payable in 10 years. After five years, Mr.Tencerowes $7,000 and decides to pay the total amount remaining. If there is a 3% prepayment penalty, what is the total amount Mr.Tencerhas to pay? | [
"$6,800",
"$210",
"$7,700",
"$7,500",
"$7,100",
"$7,000 with no prepayment penalty",
"$7,430",
"$7,210",
"$7,000",
"$7,310"
] | H | 7 | business | stemez-Business | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
Mr.Tencerhas a $10,000 mortgage at a rate of 6% payable in 10 years. After five years, Mr.Tencerowes $7,000 and decides to pay the total amount remaining. ... | |
226 | Mr. Golden owns property with a market value of $16,500. The property is located in a city where assessed valuation is 40% of actual value. If the tax rate in the city is 21.3 mills per dollar, how much does Mr. Golden pay in real estate taxes? | [
"$220.00",
"$165.00",
"$280.76",
"$210.00",
"$120.50",
"$69.30",
"$175.95",
"$140.58",
"$105.00",
"$190.65"
] | H | 7 | business | stemez-Business | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
Mr. Golden owns property with a market value of $16,500. The property is located in a city where assessed valuation is 40% of actual value. If the tax rate... | |
227 | What is the difference in annual premiums of a $10,000 20-payment life policy purchased at age 30, as opposed to the same policy purchased at age 20? | [
"$48.90",
"$40.05",
"$35.50",
"$75.20",
"$10.00",
"$58.30",
"$19.84",
"$63.10",
"$24.73",
"$12.65"
] | A | 0 | business | stemez-Business | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
What is the difference in annual premiums of a $10,000 20-payment life policy purchased at age 30, as opposed to the same policy purchased at age 20?
Optio... | |
228 | Tim is a salesman who earns a guaranteed salary of $4800/year plus 4% of all sales up to $12,000; 5% of sales from $12,000 to $20,000; 6% of sales over $20,000 in any month. Last month Tim's sales were $21,750. Compute his gross earnings for last month. | [
"$6000",
"$5785",
"$4875",
"$5750",
"$5800",
"$5950",
"$5630",
"$5895",
"$5675",
"$6125"
] | B | 1 | business | stemez-Business | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
Tim is a salesman who earns a guaranteed salary of $4800/year plus 4% of all sales up to $12,000; 5% of sales from $12,000 to $20,000; 6% of sales over $20... | |
229 | The Stadlow family, consisting of two adults and two children, went to the amusement park. The rides at the park are 75 cents for adults and 50 cents for children. Mr. Stadlow has $10, how many rides can the family go on? | [
"9 rides",
"8 rides",
"7 rides",
"12 rides",
"10 rides",
"4 rides",
"3 rides",
"5 rides",
"6 rides",
"11 rides"
] | F | 5 | business | stemez-Business | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
The Stadlow family, consisting of two adults and two children, went to the amusement park. The rides at the park are 75 cents for adults and 50 cents for c... | |
230 | Mr. Owens accepted a draft dated July 11 for $544.20 at 4% with a term of 3 months. He discounted it August 2 at 5%. The bank charged a (1/8)% collection fee. What were the proceeds? | [
"$541.50",
"$548.30",
"$542.75",
"$544.20",
"$546.00",
"$543.61",
"$540.00",
"$549.64",
"$5.44",
"$550.00"
] | F | 5 | business | stemez-Business | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
Mr. Owens accepted a draft dated July 11 for $544.20 at 4% with a term of 3 months. He discounted it August 2 at 5%. The bank charged a (1/8)% collection f... | |
231 | Mr. Stone decides to take a loan from his bank to purchase a new car. If he borrows $4,000 for ninety days at 6 percent discount, how much will he actually receive? | [
"$3,760",
"$4,060",
"$4,120",
"$3,880",
"$3,800",
"$3,860",
"$3,960",
"$3,900",
"$4,000",
"$3,940"
] | J | 9 | business | stemez-Business | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
Mr. Stone decides to take a loan from his bank to purchase a new car. If he borrows $4,000 for ninety days at 6 percent discount, how much will he actually... | |
232 | ACEPLUS SALES COMPANY wants to pay its employees a bonus as an incentive. It is decided that 70% of the labor-cost savings for the quarter will be distributed to the employees. The employer will retain 30%. The quarterly sales information is: Total Sales Total Labor cost $100,000. $32,000. The standard total cost of la... | [
"$4,800 and 14%",
"$7,000 and 21.875%",
"$6,200 and 20%",
"$4,500 and 15%",
"$5,600 and 17.5%",
"$6,000 and 18.75%",
"$3,500 and 10.9375%",
"$6,800 and 21.25%",
"$5,200 and 16.25%",
"$5,000 and 16%"
] | E | 4 | business | stemez-Business | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
ACEPLUS SALES COMPANY wants to pay its employees a bonus as an incentive. It is decided that 70% of the labor-cost savings for the quarter will be distribu... | |
233 | During a 6-month heating season, a homeowner expects to average $40 a month for fuel oil. He has purchased the following amounts to date: $37.50, $42.60, $39.80, $40.75, $44.10. What amount will he spend during the last month to maintain the expected average? | [
"$35.25",
"$36.50",
"$38.75",
"$46.00",
"$30.00",
"$41.20",
"$45.25",
"$40.00",
"$34.00",
"$32.90"
] | A | 0 | business | stemez-Business | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
During a 6-month heating season, a homeowner expects to average $40 a month for fuel oil. He has purchased the following amounts to date: $37.50, $42.60, $... | |
234 | Jack receives a 5% commission on all sales. If his sales for the week are $1,200, how much commission does he earn? | [
"$600",
"$12",
"$120",
"$50",
"$30",
"$5",
"$150",
"$240",
"$300",
"$60"
] | J | 9 | business | stemez-Business | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
Jack receives a 5% commission on all sales. If his sales for the week are $1,200, how much commission does he earn?
Options:
A. $600
B. $12
C. $120
D. $50
... | |
235 | Mr. Atlas had a note for $45,000. He discounted it at his bank 120 days before it was due. The bank's discount rate was 6%. Find Mr. Atlas' proceeds. | [
"$44,100",
"$43,800",
"$45,900",
"$44,250",
"$43,500",
"$900",
"$45,000",
"$44,500",
"$44,700",
"$43,950"
] | A | 0 | business | stemez-Business | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
Mr. Atlas had a note for $45,000. He discounted it at his bank 120 days before it was due. The bank's discount rate was 6%. Find Mr. Atlas' proceeds.
Optio... | |
237 | Two pumping systems are being considered for use on a project. The gasoline pump will cost $3,500, has a 6 year life year, and a $500 salvage value. Annual operating and repair costs would be $2,000 the first year, and would rise $300 each succeeding year. The electric pumping system costs $12,000, has a life of 6 year... | [
"The electric pump has higher initial cost but lower overall cost due to lower maintenance",
"Both pumps have the same costs",
"Both pumps have variable costs that depend on the price of fuel and electricity",
"The gasoline pump is more economical by $200 annually",
"The costs vary each year, making one mor... | F | 5 | business | stemez-Business | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
Two pumping systems are being considered for use on a project. The gasoline pump will cost $3,500, has a 6 year life year, and a $500 salvage value. Annual... | |
238 | Mrs. Reeves accepted a note for $815.50 at 6% with a four month term on December 10. On January 10 she had it discounted at 6(1/2)%. A (1/8)% charge for collection when due was also made. How much did she receive? | [
"$832.50",
"$820.00",
"$831.81",
"$815.50",
"$817.25",
"$810.00",
"$799.25",
"$805.75",
"$800.00",
"$790.50"
] | E | 4 | business | stemez-Business | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
Mrs. Reeves accepted a note for $815.50 at 6% with a four month term on December 10. On January 10 she had it discounted at 6(1/2)%. A (1/8)% charge for co... | |
239 | John's-Rent-A-Truck purchased a van for $4,500. The truck isexpected to last 100,000 miles, and then have a trade-in valueof $500. What is the cost of deprecia-tion per mile? | [
"$0.045 per mile",
"$0.025 per mile",
"$0.08 per mile",
"$0.01 per mile",
"$0.07 per mile",
"$0.06 per mile",
"$0.05 per mile",
"$0.03 per mile",
"$0.02 per mile",
"$.04 per mile"
] | J | 9 | business | stemez-Business | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
John's-Rent-A-Truck purchased a van for $4,500. The truck isexpected to last 100,000 miles, and then have a trade-in valueof $500. What is the cost of depr... | |
240 | Daniel receives at 6.5% commission on all sales. If he received a $275.08 commission, what were his sales? | [
"$3200",
"$4750",
"$2600",
"$5000",
"$4243",
"$4230",
"$4000",
"$4500",
"$3500",
"$3000"
] | E | 4 | business | stemez-Business | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
Daniel receives at 6.5% commission on all sales. If he received a $275.08 commission, what were his sales?
Options:
A. $3200
B. $4750
C. $2600
D. $5000
E. ... | |
241 | The Global Bus Company purchases a bus for $40,000, and depreciates it on a straight-line basis for five years. What is the book value of the bus after 2 years of service? | [
"$20,000",
"$36,000",
"$12,000",
"$28,000",
"$26,000",
"$24,000",
"$16,000",
"$32,000",
"$8,000",
"$18,000"
] | F | 5 | business | stemez-Business | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
The Global Bus Company purchases a bus for $40,000, and depreciates it on a straight-line basis for five years. What is the book value of the bus after 2 y... | |
242 | On January 1, 1964, Stead and Company purchased a delivery truck for $4,000. It is estimated that the truck will have a useful life of four years, and that at the end of that time it will have a salvage value (resale value) of $400. It is expected that the truck will be used for 72,000 miles. Find the depreciation per ... | [
"$1,500.00",
"$1,000.00",
"$2,000.00",
"$1,200.00",
"$2,500.00",
"$2,400.00",
"$1,800.00",
"$3,600.00",
"$2,800.00",
"$4,000.00"
] | H | 7 | business | stemez-Business | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
On January 1, 1964, Stead and Company purchased a delivery truck for $4,000. It is estimated that the truck will have a useful life of four years, and that... | |
243 | Jim Miller bought a vacuum cleaner priced at $69.75, with a 5% discount. The state sales tax was 3% and the city sales tax was 4%. How much did Jim pay for the cleaner? | [
"$70.90",
"$72.15",
"$71.25",
"$68.50",
"$74.39",
"$73.19",
"$67.80",
"$75.60",
"$69.99",
"$66.26"
] | A | 0 | business | stemez-Business | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
Jim Miller bought a vacuum cleaner priced at $69.75, with a 5% discount. The state sales tax was 3% and the city sales tax was 4%. How much did Jim pay for... | |
244 | The McDougall Company produces and sells two qualities of carpet. The better quality carpeting sells for $6.00 per yard and has variable costs of 70 percent of sales. The other type costs $3.00 per yard and has variable costs of 60 percent of sales. Total fixed costs of both types of carpet combined are $122,200. If bo... | [
"30000 yards and 90000 yards",
"48500 yards and 72750 yards",
"45000 yards and 75000 yards",
"47833(1/3) yards and 71750 yards",
"50000 yards and 60000 yards",
"52000 yards and 78000 yards",
"55000 yards and 65000 yards",
"35000 yards and 70000 yards",
"40000 yards and 80000 yards",
"60000 yards o... | D | 3 | business | stemez-Business | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
The McDougall Company produces and sells two qualities of carpet. The better quality carpeting sells for $6.00 per yard and has variable costs of 70 percen... | |
245 | Mr. Haskell has decided to buy a rental property. The building costs $50,000 and the land costs $30,000. The annual rent income is estimated to be $10,450 and the annual expense, $3,200. Mr. Haskell plans to depreciate the building by the straight line method over 40 years. Mr. Haskell wants to choose the best of three... | [
"Plan B, if the interest rates drop to 3%",
"Plan A, if the tax rate decreases to 30%",
"Plan A",
"Plan C, assuming rental income increases by 5% annually",
"Plan C",
"None of the plans",
"Plan B",
"Plan C, if additional tax deductions are available for interest paid",
"Plan A, with a government gra... | E | 4 | business | stemez-Business | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
Mr. Haskell has decided to buy a rental property. The building costs $50,000 and the land costs $30,000. The annual rent income is estimated to be $10,450 ... | |
246 | Costs for producing one widget: Materials:2 parts (a) $25.00 per part Expenses :$10.00 Labor :20 operations (a) $5.00 per operation Based on the above information, which is the only valid conclusion? (A) The selling price should be $160 per widget. (B) labor rates are excessive (C) output is labor intensive (D) materia... | [
"Each widget requires $50.00 in labor for 10 operations",
"Material costs represent the smallest fraction of the total production cost",
"output is labor intensive",
"material costs are low",
"Expenses are greater than the combined costs of materials and labor",
"The selling price should be $160 per widge... | C | 2 | business | stemez-Business | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
Costs for producing one widget: Materials:2 parts (a) $25.00 per part Expenses :$10.00 Labor :20 operations (a) $5.00 per operation Based on the above info... | |
247 | Costs for producing one widget: Materials:2 parts (a) $25.00 per part Expenses :$10.00 Labor :20 operations (a) $5.00 per operation Based on the above information, which is the only valid conclusion? (A) The selling price should be $160 per widget. (B) labor rates are excessive (C) output is labor intensive (D) materia... | [
"(D) material costs are low",
"Each widget requires $50 of labor",
"Expenses are the largest contributor to the cost per widget",
"Materials make up more than half of the total production cost",
"The total production cost is less than $100 per widget",
"(C) output is labor intensive",
"(B) labor rates a... | F | 5 | business | stemez-Business | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
Costs for producing one widget: Materials:2 parts (a) $25.00 per part Expenses :$10.00 Labor :20 operations (a) $5.00 per operation Based on the above info... | |
248 | A $250 stove can be purchased under the installment plan for a $25 down-payment and 12 monthly payments of $20. What is the financing charge? | [
"$20",
"$10",
"$45",
"$25",
"$50",
"$30",
"$35",
"$40",
"$15",
"$55"
] | I | 8 | business | stemez-Business | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
A $250 stove can be purchased under the installment plan for a $25 down-payment and 12 monthly payments of $20. What is the financing charge?
Options:
A. $... | |
249 | Given that the cost of mimeographing x number of copies is C(x) = 0.005x + [(4500) / x], what is the number of copies that will minimize the cost? | [
"2000 copies",
"500 copies",
"1200 copies",
"300 copies",
"700 copies",
"600 copies",
"1500 copies",
"949 copies",
"800 copies",
"1000 copies"
] | H | 7 | business | stemez-Business | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
Given that the cost of mimeographing x number of copies is C(x) = 0.005x + [(4500) / x], what is the number of copies that will minimize the cost?
Options:... | |
250 | Paul took a loan of $384.75 for 60 days at 6% interest. How much interest did he pay? | [
"$5.75",
"$3.85",
"$4.15",
"$5.00",
"$1.15",
"$2.75",
"$7.25",
"$2.50",
"$4.50",
"$6.00"
] | B | 1 | business | stemez-Business | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
Paul took a loan of $384.75 for 60 days at 6% interest. How much interest did he pay?
Options:
A. $5.75
B. $3.85
C. $4.15
D. $5.00
E. $1.15
F. $2.75
G. $7.... | |
251 | Williamsville has a total assessed valuation of property of $6,250,000.The town requires $360,000 for educational purposesand $115,000 for health and welfare needs. What isthe town's tax rate in dollars per $100. | [
"$6.00 per $100",
"$5.50 per $100",
"$7.20 per $100",
"$7.80 per $100",
"$7.60 per $100",
"$8.60 per $100",
"$8.00 per $100",
"$9.20 per $100",
"$7.00 per $100",
"$6.50 per $100"
] | E | 4 | business | stemez-Business | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
Williamsville has a total assessed valuation of property of $6,250,000.The town requires $360,000 for educational purposesand $115,000 for health and welfa... | |
252 | A bicycle selling for $82 can be purchased on the installment plan with no down-payment, but a 10% per year finance charge. How much should each of the monthly payments be to pay off the bicycle in six months? | [
"$15.85",
"$13.65",
"$13.35",
"$16.35",
"$15.35",
"$14.85",
"$14.35",
"$13.85",
"$12.85",
"$12.35"
] | G | 6 | business | stemez-Business | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
A bicycle selling for $82 can be purchased on the installment plan with no down-payment, but a 10% per year finance charge. How much should each of the mon... | |
253 | A business started last year with an inventory of 90,000 items which cost $60,000 and had a selling price of $80,000, At the end of the year, the inventory consisted of 70,000 items which cost $90,000 and had a selling price of $120,000. Records indicate that, during the year, 360,000 items were sold which cost $300,00... | [
"StockturnRate (at Cost) = 2.5, StockturnRate (at selling price) = 5.0, StockturnRate (in units) = 2.0",
"StockturnRate (at Cost) = 4.5, StockturnRate (at selling price) = 3.2, StockturnRate (in units) = 5.0",
"StockturnRate (at Cost) = 3.0, StockturnRate (at selling price) = 4.8, StockturnRate (in units) = 3.5... | J | 9 | business | stemez-Business | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
A business started last year with an inventory of 90,000 items which cost $60,000 and had a selling price of $80,000, At the end of the year, the inventory... | |
254 | A typewriter is priced at $80, less series discounts of 20%, 10%, 5%. What is the net price? | [
"$46.08",
"$56.00",
"$65.00",
"$60.00",
"$54.72",
"$62.40",
"$52.00",
"$58.40",
"$50.00",
"$48.00"
] | E | 4 | business | stemez-Business | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
A typewriter is priced at $80, less series discounts of 20%, 10%, 5%. What is the net price?
Options:
A. $46.08
B. $56.00
C. $65.00
D. $60.00
E. $54.72
F. ... | |
255 | (A) How many gallons are there in 12 liters? (B) How many liters are there in 10 quarts? Metric to Customary Units Customary to Metric Units 1 liter = 1.057 quarts .264 gallon 1 quart = .946 liter 1 gallon = 3.785 liters 1 milliliter = .0338 ounce 1 ounce = 29.57 milliliters | [
"(A) 3.168 gallons (B) 9.46 liters",
"(A) 3.18 gallons (B) 9.6 liters",
"(A) 2.64 gallons (B) 9.46 liters",
"(A) 2.5 gallons (B) 9 liters",
"(A) 2.64 gallons (B) 10.5 liters",
"(A) 3.5 gallons (B) 9.46 liters",
"(A) 3 gallons (B) 9.5 liters",
"(A) 3.168 gallons (B) 10.46 liters",
"(A) 3.168 gallons ... | A | 0 | business | stemez-Business | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
(A) How many gallons are there in 12 liters? (B) How many liters are there in 10 quarts? Metric to Customary Units Customary to Metric Units 1 liter = 1.05... | |
256 | PhilLeFrancpurchased (25 / 50) bodily injury insurance and $10,000 property damage insurance.The base premium for thebodily injury insurance was $101, while the base premiumfor the property damage coverage was $48. If Phil hada total factor of 1.37 for bodily injury and a total factor of 1.10forproperty damage, what wa... | [
"$138.37 for bodily injury coverage, $52.80 for property damage coverage",
"$130.37 for bodily injury coverage, $50.80 for property damage coverage",
"$125.37 for bodily injury coverage, $48.80 for property damage coverage",
"$120.37 for bodily injury coverage, $42.80 for property damage coverage",
"$140.37... | A | 0 | business | stemez-Business | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
PhilLeFrancpurchased (25 / 50) bodily injury insurance and $10,000 property damage insurance.The base premium for thebodily injury insurance was $101, whil... | |
257 | A portable color television, listed at $280, is being sold at a discount, net price $196. What is the discount rate? | [
"25%",
"30%",
"45%",
"20%",
"50%",
"35%",
"10%",
"28%",
"40%",
"15%"
] | B | 1 | business | stemez-Business | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
A portable color television, listed at $280, is being sold at a discount, net price $196. What is the discount rate?
Options:
A. 25%
B. 30%
C. 45%
D. 20%
E... | |
258 | ______ are the obligations of workers towards their employer, based on individual contracts and wider employment laws. | [
"Employer obligations",
"Employment laws",
"Employer benefits",
"Employer duties",
"Employee rights",
"Employer rights",
"Employee duties",
"Employee benefits",
"Employee contracts"
] | G | 6 | business | ori_mmlu-business_ethics | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
______ are the obligations of workers towards their employer, based on individual contracts and wider employment laws.
Options:
A. Employer obligations
B. ... | |
259 | _______ can be a likened to their natural counterparts, comprising of a balanced network of interdependent organisms and their environments thus adding value to sustainability thinking due to the consideration of companies and industries as being bound together, and interdependent due to all kinds of resources and was... | [
"Corporate ecosystems",
"Natural supply chains",
"Industrial ecosystems",
"Corporate supply chains",
"Ecological ecosystems",
"Corporate food webs",
"Industrial supply loops",
"Industrial food webs",
"Ecological supply loops",
"Industrial food chains"
] | C | 2 | business | ori_mmlu-business_ethics | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
_______ can be a likened to their natural counterparts, comprising of a balanced network of interdependent organisms and their environments thus adding va... | |
260 | A corporation is ________ from its managers, employees, investors and customers. It therefore has _______ succession and also ________. | [
"Dependent, Limited, Does not own its own assets",
"Independent, Limited, Owns its own assets",
"Indistinguishable, Perpetual, Owns its own assets",
"Indistinguishable, Perpetual, Does not own its own assets",
"Independent, Perpetual, Owns its own assets",
"Independent, Perpetual, Does not own its own ass... | E | 4 | business | ori_mmlu-business_ethics | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
A corporation is ________ from its managers, employees, investors and customers. It therefore has _______ succession and also ________.
Options:
A. Depende... | |
261 | _______, where actors are convinced that their actions harms nobody, _______ where actors argue that their norm violation is an attempt to realize higher-order values and ________ , where actors argue they are owed something, are all strategies for justifying or denying unethical behaviour. | [
"Appeal to higher loyalties, Metaphor of the ledger, Denial of injury",
"Denial of injury, Metaphor of the ledger, Appeal to higher loyalties,",
"Denial of injury, Metaphor of the balance, Appeal to higher loyalties",
"Metaphor of the ledger, Denial of injury, Appeal to higher loyalties",
"Denial of respons... | J | 9 | business | ori_mmlu-business_ethics | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
_______, where actors are convinced that their actions harms nobody, _______ where actors argue that their norm violation is an attempt to realize higher-... | |
262 | Which of the following is the rate at which a market adopts an innovation? | [
"Market penetration rate.",
"Adoption process.",
"Market adoption scale.",
"Process of market saturation.",
"Process of differentiation.",
"Product lifecycle.",
"Process of diffusion.",
"Innovation rate.",
"Process of diversification.",
"Adoption lifecycle."
] | G | 6 | business | ori_mmlu-marketing | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
Which of the following is the rate at which a market adopts an innovation?
Options:
A. Market penetration rate.
B. Adoption process.
C. Market adoption sc... | |
263 | According to the British Government, which of the following is not a marketing function? | [
"Create advertising campaigns.",
"Organize marketing events.",
"Promote marketing intelligence.",
"Develop sales tactics.",
"Develop pricing strategies.",
"Work with other business functions and third parties.",
"Conduct market research.",
"Develop the customer proposition.",
"Oversee product develo... | D | 3 | business | ori_mmlu-marketing | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
According to the British Government, which of the following is not a marketing function?
Options:
A. Create advertising campaigns.
B. Organize marketing e... | |
264 | On August 4, a store purchased five sofas invoiced at $7,000, terms 2/10 , n/30 . The invoice was paid August 13. The store paid | [
"$6,300 ",
"$7,200",
"$7,400",
"$7,140 ",
"$6,700",
"$6,900",
"$6,860 ",
"$7,500",
"$7,000 ",
"$6,500"
] | G | 6 | business | ori_mmlu-marketing | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
On August 4, a store purchased five sofas invoiced at $7,000, terms 2/10 , n/30 . The invoice was paid August 13. The store paid
Options:
A. $6,300
B. $7,... | |
265 | This is a part of the communication process where the sender selects a combination of appropriate words, pictures, symbols, and music to represent a message to be transmitted: | [
"Feedback.",
"Message formulation.",
"Channel.",
"Transmission.",
"Reception.",
"Transfer.",
"Encoding.",
"Interpretation.",
"Noise.",
"Decoding."
] | G | 6 | business | ori_mmlu-marketing | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
This is a part of the communication process where the sender selects a combination of appropriate words, pictures, symbols, and music to represent a messa... | |
266 | Which of the following is the best example of a trade discount? | [
"A car dealer offers a discount to a customer in exchange for a used car.",
"A lumberyard offers a discount to a homeowner for buying lumber.",
"A bookstore offers a discount to students during back-to-school season.",
"A producer offers a discount to retailers for promoting its product during the month of Ju... | D | 3 | business | ori_mmlu-marketing | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
Which of the following is the best example of a trade discount?
Options:
A. A car dealer offers a discount to a customer in exchange for a used car.
B. A l... | |
267 | Who of the following is a leading writer on contingency theory of leadership? | [
"Abraham Maslow",
"Rensis Likert",
"Henry Mintzberg",
"Joan Woodward",
"John Adair",
"Peter Drucker",
"Rosabeth Kanter",
"Warren Bennis",
"Fred Fiedler",
"Douglas McGregor"
] | I | 8 | business | ori_mmlu-management | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
Who of the following is a leading writer on contingency theory of leadership?
Options:
A. Abraham Maslow
B. Rensis Likert
C. Henry Mintzberg
D. Joan Woodwa... | |
268 | What is not an advantage of a hierarchical structure? | [
"Clear responsibilities and roles",
"Discipline and stability",
"Quick response to change",
"Clear chain of command",
"Promotion opportunities",
"High flexibility",
"Easy to manage",
"Small span of control",
"Enhanced communication",
"Improved employee motivation"
] | C | 2 | business | ori_mmlu-management | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
What is not an advantage of a hierarchical structure?
Options:
A. Clear responsibilities and roles
B. Discipline and stability
C. Quick response to change
... | |
269 | In what order do managers typically perform the managerial functions? | [
"planning, leading, controlling, organising",
"controlling, organising, leading, planning",
"organising, leading, planning, controlling",
"organising, controlling, leading, planning",
"leading, planning, organising, controlling",
"planning, organising, leading, controlling",
"controlling, planning, orga... | F | 5 | business | ori_mmlu-management | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
In what order do managers typically perform the managerial functions?
Options:
A. planning, leading, controlling, organising
B. controlling, organising, le... | |
270 | Aisha graduates college and starts a job. She saves $1000 each quarter, depositing it into a retirement savings account. Suppose that Aisha saves for 30 years and then retires. At retirement she wants to withdraw money as an annuity that pays a constant amount every month for 25 years. During the savings phase, the ret... | [
"2350.60",
"1625.33",
"1500.50",
"1422.75",
"1898.27",
"1755.45",
"2100.35",
"2200.00",
"1995.10",
"1288.88"
] | E | 4 | business | theoremQA-Finance | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
Aisha graduates college and starts a job. She saves $1000 each quarter, depositing it into a retirement savings account. Suppose that Aisha saves for 30 ye... | |
271 | Consider an arbitrage-free securities market model, in which the risk-free interest rate is constant. There are two nondividend-paying stocks whose price processes are:
$S_1(t)=S_1(0)e^{0.1t+0.2Z(t)}$
$S_2(t)=S_2(0)e^{0.125t+0.3Z(t)}$
where $Z(t)$ is a standard Brownian motion ant $t\ge0$. What is the continuously comp... | [
"0.08",
"0.025",
"0.02",
"0.09",
"0.01",
"0.03",
"0.06",
"0.05",
"0.07",
"0.04"
] | C | 2 | business | theoremQA-Finance | The following is a multiple choice question. Think step by step and then finish your answer with "the answer is (X)" where X is the correct letter choice.
Question:
Consider an arbitrage-free securities market model, in which the risk-free interest rate is constant. There are two nondividend-paying stocks whose price p... |
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