QRB 501 Apply Week 2 Comparison Shopping Worksheet Comparison Shopping

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QRB 501 Apply Week 2 Comparison Shopping Worksheet Comparison Shopping Background Choose a product or service that you would like to purchase for your office or yourself: ______________ Search the internet to find three providers who have different prices for the product or service: a. b. c. Product Description 1. Describe in 2 to 4 sentences the product or service you wish to purchase. 1. Indicate the amount of money in dollars that you have budgeted to pay for the product or service: $_________________ Product Comparison 1. Complete the chart below with information from your research. Name of Provider Link to Website Price of Product

1. Compare in a total of 260 words the product or service offered on each website. Website Method of Delivery Warranties Tax Rates Extra Components/Services Other Differences a. b. Calculations 1. Suppose each of these products/services has a 30% markup based on selling price. Calculate each supplier's cost for the product/service.[Hint: First find the markup in dollars, then use the formula Price=Cost + Markup to find the supplier's cost.] Website a: (name) Website b: (name) Website c: (name) Supplierâ€™s Cost: $ $ $ 1. Now that you have calculated the cost of the product, use that information to calculate the percentage markup based on cost. [Hint: Percentage markup based on cost is = (Price-Cost)/Cost.] Website a: (name) Website b: (name) Website c: (name) Percentage Markup: % % % 1. Calculate the percentage difference between the price you would like to pay and the price of the product/service. Remember, this percentage will be positive if the price of the product or service is lower than the price you would like to pay. If the price is over-budget then there will be a negative number. If the price is under

budget then there will be a positive number. [Hint: To calculate the percentage difference, you should use the formula: (Budget Price)/Budget.] Website a: (name) Website b: (name) Website c: (name) Percentage Difference: % % % Analysis 1. Write a 175- to 350-word analysis of which product you would select for purchase. Keep in mind that your purchase decision does not necessarily have to be the product with the lowest cost but you should support your decision with information from your analysis. ===============================================

QRB 501 Apply Week 3 Data Analytics Problem Set Excel Template

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QRB 501 Apply: Data Analytics Problem Set Excel速 Template WEEK 3 Resources: Data Analytics Problem Set Excel速 Template, Excel速 2016 Essential Training Save the Data Analytics Problem Set Excel速 Template to your computer. Read the instructions on the first tab. Complete the twelve exercises located in the template and record your answers in the highlighted spaces.

Click the Assignment Files tab to submit your assignment. ===============================================

QRB 501 Apply Week 4 Income and Mortgages Mind Map

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QRB 501 Apply: Income and Mortgages Mind Map WEEK 4 Explore three different Internet sites for providers of home mortgages or consumer credit. Create a 350-word mind map in which you explain the differences in the mortgages or credit terms and which would be best for you. Include the following:What are the terms of the mortgage or credit agreement? What are the differences in the different choices for this type of credit agreement? Analyze in 175 to 350 words the choice that is best for you and why. Click on the Assignment Files tab to submit your Mind Map. ===============================================

QRB 501 Apply Week 5 Quantitative Techniques in Financial Valuation

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QRB 501 Apply: Quantitative Techniques in Financial Valuation Problem Set WEEK 5 Resources: Quantitative Techniques in Financial Valuation Problem Set ExcelÂŽ Template Save the Quantitative Techniques in Financial Valuation Problem Set ExcelÂŽ Template to your computer. Read the instructions on the first tab. Complete the twelve exercises located in the template and record your answers in the highlighted spaces. Click the Assignment Files tab to submit your assignment. ===============================================

QRB 501 Apply Week 6 Balance Sheets and Income Statements

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QRB 501 Apply: Balance Sheets and Income Statements WEEK 6 Complete the Balance Sheets and Income Statement document. Complete parts A and B of this exercise. Examples can be found in Chapter 21 of your textbook. Be sure to notice that Part A is a balance sheet and Part B is an income statement. Also, be sure to note that the most recent year is shown on the left in these financial statements. Formulas and examples for interpretation of results can be found in Table 21-1 of your textbook or the last worksheet tab of this file. Click on the Assignment Files tab to submit your document. ===============================================

QRB 501 Assignment Week 1 Practice Concepts and Basic Data Analysis

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QRB 501 Assignment Week 1 Practice Concepts and Basic Data Analysis Use the internet to find one example of each of the following graphs:

• Line graph • Bar graph (horizontal or vertical bars are acceptable) • Pie graph • Suppose you were presenting these graphs to a group of people (clients, co-workers, friends, etc.) who are not mathematically savvy. Create a 7- to 10-slide presentation with speaker notes that provides a non-technical explanation of each graph. Remember, you are addressing people who probably do not like or understand mathematical terms. For each graph, include the following:Screenshot of your graph. • For the line graph, what are the labels on the horizontal and vertical axes? • For the bar graph, what labels are on the bars? What is being measured in this graph? (Hint: look at the axis label.) • For the pie graph, what is the title, in other words, what is it measuring? • How would you improve each graph if at all? Is anything missing, misleading, or perhaps just wrong with this graph? • What would be the appropriate measure(s) for central tendency (mean, median, mode) to display with each graph? • What measure of dispersion (range, standard deviation) would be best? • Provide a reference citation for the source of your graph so your facilitator can find the graph online. Note: sometimes information changes from day to day on websites, hence the reason for the required screenshot in first bullet point above.

Note: If you are having difficulty finding graphs here are a few places to consider looking:

• Your online utility bill • Your fitness app • A dashboard at your office • U.S. Government websites such as: o The Bureau of Labor Statistics o The Bureau of Economic Analysis o The Consumer Financial Protection Bureau o A scholarly article in the University Llibrary o Business, finance, and money management websites Click the Assignment Files tab to submit your assignment. ===============================================

QRB 501 Entire Course (No Final Guide)

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QRB 501 Week 1 Fundamental Quantitative Concepts Exercises QRB 501 Week 2 Team Assignment Equations and Percentage Cases QRB 501 Week 3 Mathematics of Buying and Selling Exercises QRB 501 Week 3 Team Assignment Trade and Cash Discount Cases QRB 501 Week 4 Data Analytics Problem Set QRB 501 Week 5 Quantitative Techniques in Financial Valuation Problem Set QRB 501 Week 5 Team Assignment Financial Valuation (Time-Value of Money) Cases QRB 501 Week 6 Signature Assignment QRB 501 Week 2 DQ 1 QRB 501 Week 2 DQ 2 QRB 501 Week 3 DQ 1 QRB 501 Week 3 DQ 2 QRB 501 Week 4 DQ 1 QRB 501 Week 4 DQ 2 QRB 501 Week 5 DQ 1 QRB 501 Week 5 DQ 2

QRB 501 Week 6 DQ 1 QRB 501 Week 6 DQ 2 ============================================ === QRB 501 Final Exam Guide (New 2018 Score 29 30)

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1. Jorge makes a simple discount note with a face value of $6000.00, a term of 240 days, and a 10% discount rate. Find the discount. Discount: $394.52 Discount: $0.00 Discount: $600.00 Discount: $400.00 The following test scores were recorded for a student: 79, 74, 72, 68, 74, 60, 70. Find the mean, median, and mode. â€˘ mean: 72, median: 68, mode: 74

• mean: 72, median: 71, mode: 79 • mean: 71, median: 68, mode: 79 • mean: 71, median: 72, mode: 74 3. Megan Hughes deposits $2300 in an account that pays simple interest. When she withdraws her money 8 months later, she receives $2484.00. What rate of interest did the account pay? Round to the nearest whole percent. 12% per year 11% per year 14% per year 13% per year Christine is currently taking college astronomy. The instructor often gives quizzes. On the past seven quizzes, Christine got the following scores: 53, 12, 41, 29, 18, 42, 57 Find the standard deviation. 17 Find the net price of a bicycle that lists for $82.95 if a discount rate of 15% is offered. Round to the nearest cent.

$12.44 $70.51 $12.69 $70.76 =82.95*(100-15)/100 = $70.51 6 When finding the amount of change in percentage problems, the percent is always based on: the final or ending amount in decrease problems the original or beginning amount the original or beginning amount for increase problems the final or ending amount 7 An invoice received from Royal Exporters totaled $638.20, was dated October 10, and offered terms of 1/11 ROG. The shipment was received November 27. If the invoice was paid on December 12, find the net amount due. Round to the nearest cent. $631.82 $638.20 $6.38 $0

8 Sales of frozen pizza for a club fund-raiser increased from 500 one year to 610 the next year. What was the percent of increase? 22% 82% 18% 78% (610-500)*100/500 = 22%

9 The circle graph above gives the inventory of the women's department of a store. What is the total inventory? $107,865 $112,095 $74,730 $109,980 35955+35250+4935+16920+6345+2115+8460 = 109980 10

Find the maturity value of a loan of $6787 after 4 months. The loan carries a simple interest rate of 14% per year. $7103.73 $7024.55 $7106.39 $7182.91 = 6787*(1+4*0.14/12) = 7103.73 11 The primary difference between an annuity due and an ordinary annuity is: I. when the money is paid into the annuity II. the way the money is paid out of the annuity III. with an annuity due, payment is made at the beginning of the period III only both I and III I only II only

12 An invoice for a laptop computer that cost $625.68 is dated September 15, with sales terms of 3/10 EOM. If the bill is paid

October 8, find the cash discount and net amount paid. Round to the nearest cent. Cash discount: $0; net amount: $625.68 Cash discount: $62.57; net amount: $563.11 Cash discount: $18.77; net amount: $ $606.91 Cash discount: $18.47; net amount: $614.68 13 Barbara knows that she will need to buy a new car in 4 years. The car will cost $15,000 by then. How much should she invest now at 6%, compounded quarterly, so that she will have enough to buy a new car? $13,327.31 $12,594.29 $11,820.45 $11,208.87 14 The bar graph below shows the percent of income spent on leisure activities in various countries of the world. In which country is the highest percent of income spent on leisure activities? What percent is this? Japan; 24.4% USA; 27.2%

China; 94.8% USA; 72.8% 15 Find the range for the scores: 13, 23, 60, 46, 53, 75. 62 44 88 46 16 Solve the problem. Round to the nearest cent or tenth of a percent. Cost = $48.19; selling price = $58.79. Find the markup and the rate of markup based on the selling price. Markup = $10.60 Rate of markup based on selling price = 18.0% Markup = $21.20 Rate of markup based on selling price = 51.8% Markup = $21.20 Rate of markup based on selling price = 22.0% Markup = $10.60 Rate of markup based on selling price = 82.0% 17 Solve the problem. Round amounts to the nearest cent and percents to the nearest tenth of a percent.

Cost = $5.22; Selling price = $10.35. Find the markup. Markup: $5.22 Markup: $15.57 Markup: $5.13 Markup: $10.35

18 Which month in 2010 had the lowest sales?

Month 12 Month 7 Month 3 Month 2 19 Central Airlines offers a trade discount series of 30/35/10 for frequent flyers. If a round-trip airline ticket is $683, what is the net price? Use the net decimal equivalent to find the net price. Round to the nearest cent. $512.25 $279.69 $403.31

$170.75 19 Central Airlines offers a trade discount series of 30/35/10 for frequent flyers. If a round-trip airline ticket is $683, what is the net price? Use the net decimal equivalent to find the net price. Round to the nearest cent. $512.25 $279.69 $403.31 $170.75 20 Enrique borrowed $3600 to put a down payment on a motorcycle. The loan had a simple interest rate of 8% for 2 years. Use the formula I = prt to find the amount of interest he will pay on the loan. I = interest; p = principal; r = rate (expressed as a decimal 0.08); t = time in years. $4176 $576 $2880 $288 21 Solve the problem. Round amounts to the nearest cent and percents to the nearest tenth of a percent. Cost = $4.04; Selling price = $7.12. Find the markup and the rate of markup based on cost.

Markup: $7.12 Rate of markup based on cost: 56.7% Markup: $11.16 Rate of markup based on cost: 36.2% Markup: $3.08 Rate of markup based on cost: 76.2% Markup: $3.08 Rate of markup based on cost: 43.3% 22 Solve the problem. Round amounts to the nearest cent and percents to the nearest tenth of a percent. Markup = $16.15; Selling price = $95.00. Find the cost. Cost: $16.15 Cost: $95.00 Cost: $78.85 Cost: $111.15 23 Present value is best defined as: all of these are appropriate definitions for present value the amount of a specified future value compounded at a specified rate which can be invested currently the amount that must be invested now and compounded at a specified rate and time to reach a specified future value

the amount that must be invested per year and compounded at a specified rate and time to reach a specified present value 24 Sarah has made a budget for how much she will spend on activities this summer. The circle graph above shows how she has divided up her spending money. What percent of Sarah's budget is allocated for movies?

50% 5% 15% 10% 25 A number increased from 2553 to 5955 . Find the amount of increase. 5402 3296 3396 3402 26 Find the interest paid on a loan of $2000 for 1 year at a simple interest rate of 7% per year.

$140.00 $2140.00 $160.00 $14.00 27 An invoice for $8630, dated October 5, was received by a company with the terms 5/15 EOM. A decision was made to make a partial payment of $400 on November 2. Find the amount credited to the account and find the outstanding balance. Round to the nearest cent. Credit: $380.00 Balance: $8250.00 Credit: $421.05 Balance: $8208.95 Credit: $400.00 Balance: $8230.00 Credit: $420.00 Balance: $8210.00

28 Which month in 2009 had the highest sales?

Month 2 Month 5

Month 12 Month 9 29 Felipe Rivera's savings account has a balance of $3159. After 4 years what will the amount of interest be at 1.6% compounded quarterly? $25.27 $208.37 $199.37 $213.37 30 Solve the problem. Round to the nearest cent or tenth of a percent. An item sells for $524.00 and is reduced to sell for $440.16. Find the markdown amount and the rate of markdown. Markdown amount = $369.73 Rate of markdown = 84% Markdown amount = $70.43 Rate of markdown = 16% Markdown amount = $83.84 Rate of markdown = 16% Markdown amount = $83.84 Rate of markdown = 84% ===============================================

QRB 501 Week 1 DQ 1

For more course tutorials visit www.newtonhelp.com DQ1-Week 1: Please respond to this discussion question by Thursday (Day 3): In management, how important is it to learn to use mathematics to solve problems? How valuable is an MBA degree without the ability to identify and calculate the cost of a companyâ€™s capital, its return on investment, gross margin percentage, break-even point, or what percent of a population would be willing to buy its product? ===============================================

QRB 501 Week 1 DQ 2

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DQ2-Week 1: Please respond to this discussion question by Saturday (Day 5): When using the formula NI = [U * (P-VCu)] - FC, in which order must you complete the calculation? Why does the order of operations matter? ============================================ === QRB 501 Week 1 Fundamental Quantitative Concepts Exercises

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The purpose of this assignment is for students to learn how to use Microsoft ExcelÂŽ for solving formulas. Managers and staff need to work with percentages daily in professional settings. Skills such as finding the percentage increase/decrease and using ExcelÂŽ to convert from decimals to percentages and vice versa have become necessary. This assignment provides students with the practice of such fundamental quantitative concepts.

Assignment Steps Resources: Fundamental Quantitative Concepts Exercises Excel® Template Save the Fundamental Quantitative Concepts Exercises Excel® Template to your computer. Read the instructions on the first tab. Complete the ten Excel® exercises. A scale drawing of an office building is not labeled, but indicates 0.25 inch = 5 feet. On the drawing, one wall measures 2 inches. How long is the actual wall? Marcus James purchased 2,500 pounds of produce. Records indicate he purchased 800 pounds of potatoes, 150 pounds of broccoli, and 390 pounds of tomatoes. He also purchased apples. How many pounds of apples did he purchase?

The formula for the installment price of an item purchased with ﬁnancing is Installment price = Total of installment payments + Down payment. The formula can be written in symbols as I = T + D. Wallpaper costs $12.97 per roll and a kitchen requires 9 rolls. What is the cost of the wallpaper needed to paper the kitchen? Wilson’s Auto, Inc., has 37 employees and a weekly payroll of $10,878. If each employee makes the same amount, how much does each make? Jacob Kennedy borrowed $30,000 to start up his consulting business. The loan had a simple interest rate of 6.2% for 3 years. Use the formula I = PRT to ﬁnd the amount of interest he will pay on the loan. I = interest; P = principal; R = rate (expressed as a decimal 0.062); T = time in years A car odometer increased from 37,580.3 to 42,719.6. What was the increase? A number decreased from 486 to 104. Find the amount of decrease.

For more course tutorials visit www.newtonhelp.com QRB 501 Apply Week 2 Comparison Shopping Worksheet Comparison Shopping Background C...

Published on Apr 17, 2019

For more course tutorials visit www.newtonhelp.com QRB 501 Apply Week 2 Comparison Shopping Worksheet Comparison Shopping Background C...

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