Business Quiz 10-20-22

Average five-year mortgage rate hits __ year high.

• 5

• 10

• 12

• 6

Samsung warns of 32% hit to profits due to what?

• Memory chip shortage

• Energy price increase

• Cost of living crisis

• Pressure from competitors

Name the entrepreneur

• Kendall Jenner

• Kylie Jenner

• Kim Kardashian

• Kylie Kardashian

Gross profit - expenses =  ?

• Profit

• Net profit

• Revenue

• Net assets

Which bank is looking at selling its business in Canada?

• JP Morgan

• Santander

• Barclays

• HSBC

___ refers to the earnings generated and realized on an investment over a particular period of time.

• Yield

• Yo-Yo

• Year-to-date

• Import

Nike has a 30% sale on a pair of running shoes that cost $125. What is the new price of the shoe after the discount?

• $87.50

• $37.50

• $157.50

• $75

True or False: Elon Musk has put in an offer of $26 billion to purchase TikTok.

• True

• False

Which company is slashing 500 more jobs as it races to return to growth?

• Nike

• Gymshark

• Tesla

• Peloton

Guess the logo

• Three

• Monster

• EE

• MotoGP