Business Calculations 22.1 v1

TBTS buys its balloon packs from a local supplier for 7.20 Singapore Dollars (SGD) a pack. It sells them to customers for 16.90 SGD.

Which one of the following is the markup on a pack of balloons?​ ​ ​ (a)  

• 7.20 %
• 9.70 %
• 69.84 %
• 134.72 %

TBTS sells balloons in packs of four at a price of 67.60 SGD. The exchange rate is 1 SGD = 3.05 Malaysian Ringgit (MYR).

Which one of the following would a customer in Malaysia pay in MYR for 4 balloon packs?​ (a)  

• 16.90 MYR
• 22.16 MYR
• 67.60 MYR
• 206.18 MYR

Attached is a financial extract from TBTS based on the sale of 160 wooden toy carts. (SGD= Singapore Dollars)

Calculate the total costs for TBTS of making 160 wooden toy carts.

You are advised to show your working. Answer must be to two decimal places. i.e. 212.19

In 2021, a TBTS toy shop had current liabilities of 36 000 SGD and current assets of 216 000 SGD.

Calculate, to two decimal places, the current ratio for 2021. You are advised to show your working.

TBTS sells dinosaur toys for 22.80 SGD. VIP members get a discount of 15%.

Calculate the total cost to a VIP member of buying 17 dinosaur toys.

You are advised to show your working. Answer must be to two decimal places.