At a Sale, a Garage Owner Spends $894

question 5

Multiple Choice

At a sale, a garage owner spends $894.94 for a number of different size tires. The freight charges are $54.80. The tires are sold so that a profit of 33 1/3% is made. How much must the tires be sold for? Round to the nearest cent.

• A) $1,176.82
• B) $1,199.43
• C) $1,244.23
• D) $1,266.32

---

Definitions:

Strategic Alliances

Agreements between businesses to pursue shared objectives while remaining independent organizations.

La Piana Consulting

A consulting firm specializing in strategic solutions for nonprofits and foundations.

Cross-Sector Collaboration

Partnerships between organizations from different sectors (public, private, nonprofit) to address common challenges through shared resources and goals.

Nonprofit Organization

An organization dedicated to furthering a social cause or shared goal, without the primary aim of making a profit for shareholders or owners.