Assume a Student Received the Following Grades for the Semester

question 59

Multiple Choice

Assume a student received the following grades for the semester: History, B; Statistics, A; Spanish, C; and English,C. History and English are 5 credit hour courses, Statistics a 4 credit hour course and Spanish a 3 credit hour course. If 4 grade points are assigned for an A, 3 for a B and 2 for a C, what is the weighted mean for the semester grades?

• A) 4.00
• B) 1.96
• C) 2.76
• D) 3.01

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Definitions:

Tax Rate

The percentage at which an individual or corporation is taxed by the government on income or profits.

Net Operating Loss Carryforward

A tax provision that allows businesses to use a net operating loss in one year to offset taxable income in future years.

Business Acquisition

The act of acquiring control over another company either by purchasing its shares, assets, or both, often aiming to expand operations or enter new markets.

Tax Rate

The percentage at which income or profits are taxed by the government.