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. How should 0.80 be written as a percent?

Correct answer: D

Rationale: To convert a decimal to a percent, move the decimal point two places to the right. Therefore, 0.80 written as a percent is 80%. Choice A is incorrect as it represents 40%. Choice B is incorrect as it represents 125%. Choice C is incorrect as it represents 90%.

3. How do you find the least common multiple?

Correct answer: A

Rationale: The correct way to find the least common multiple is to list all the multiples of each number and then identify the smallest common multiple. Choice A is correct because it describes the correct process. Listing factors, as suggested in choice B, helps in finding the greatest common factor, not the least common multiple. Dividing the largest number by the smallest, as mentioned in choice C, does not help find the least common multiple. Multiplying the two numbers together, as stated in choice D, results in their least common multiple when the numbers have no common factors.

4. When rounding 245.2678 to the nearest thousandth, which place value would be used to decide whether to round up or round down?

Correct answer: A

Rationale: When rounding a number to the nearest thousandth, you look at the digit in the ten-thousandths place to determine whether to round up or down the digit in the thousandths place. In this case, rounding 245.2678 to the nearest thousandth, the digit in the ten-thousandths place is 6, which is greater than or equal to 5, so you would round up the digit in the thousandths place. Therefore, the correct answer is the ten-thousandths place. Choices B, C, and D are incorrect because they do not directly influence the rounding of the thousandths place in this scenario.

5. In a study measuring the average hours worked per week by different types of hospital staff (such as nurses and physicians), what are the dependent and independent variables?

Correct answer: D

Rationale: In this study, the dependent variable is the 'Average hours worked per week,' as it relies on the different types of 'Hospital Staff' (the independent variable). The amount of time worked per week varies based on the category of staff being considered. Therefore, the correct choice is D. Choices A and B incorrectly assign the dependent and independent variables to specific staff categories (Nurses and Physicians), which are actually different elements within the study. Choice C incorrectly defines the dependent variable as 'Hospital Staff,' when in fact, it is the 'Average hours worked per week' that is dependent on the type of staff.

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