Question 1
What is the present value of $1,210 received 2 years from now at a 10% discount rate?
Correct Answer:
$$1,000
Question 2
A product costs $80 to produce and is sold for $100. What is the profit margin?
Correct Answer:
20%
Question 3
If a stock was bought at $50 and sold at $65, what is the return on investment?
Correct Answer:
30%
Question 4
A company has fixed costs of $50,000, variable cost per unit of $10, and sells at $20. What is the break-even quantity?
Correct Answer:
5,000
Question 5
What is the effective annual rate (EAR) for a 12% nominal rate compounded monthly?
Correct Answer:
12.68%
Question 1
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About this Exam

Prepare with the Common Management Admission Test (CMAT) practice quiz. This question bank includes 99 questions covering word, number, choices, relationship, and race. Use it to review important concepts, identify knowledge gaps, and build confidence for the related exam, course, or assessment.

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Common Management Admission Test (CMAT)

This practice set contains 99 questions from the matching question bank and focuses on word, number, choices, relationship, and race. Work through each question carefully, review the provided solutions, and revisit topics that need more study before your next attempt.

This is an independent study resource intended for practice and review; it is not an official examination or an endorsement by any organization named in the title.

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