A Parts Clerk Has 11 of the 3/8-Inch SAE Nuts

question 7

Multiple Choice

A parts clerk has 11 of the 3/8-inch SAE nuts in stock and orders 131 additional nuts. How many nuts will there be when the new order arrives?

• A) 140
• B) 142
• C) 145
• D) 150

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Definitions:

Tax Rates

The percentage of income or value of goods taxed by the government.

Indentures

Indentures are formal debt agreements or contracts specifying the terms of a bond issue, including the interest rate, maturity date, and other conditions.

Covenants

Legal agreements or conditions included in contracts such as bonds or loans that dictate certain actions the issuer or borrower must perform or avoid.

Dividends

Distributions of a portion of a company's earnings decided by the board of directors to its shareholders.