If the Price of Milk Was $2

question 94

Multiple Choice

If the price of milk was $2.50 a gallon and it is now $3.25 a gallon, what is the percentage change in price?

• A)13 percent
• B)30 percent
• C)75 percent
• D)77 percent

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Definitions:

Corporation's Charter

A legal document that establishes a corporation, outlining its structure, operations, and objectives, issued by a governmental or other authorized entity.

Articles of Incorporation

Official papers submitted to a government agency for the purpose of officially registering the formation of a corporation.

Mutual Agency

Act of a single partner is binding on all members of the partnership.

Raising Capital

The process of obtaining funds to finance business activities, which can be done through equity, debt, or other financial instruments.