McGraw-Hill Education GRE 2019

Questions 15 to 17 are based on the data below. For each question, select one

answer, unless the instructions state otherwise.

Revenue and Expenses (in U.S. Dollars) for Company Z,

2000–2009

Year

Note: Gross Prot = Revenue – Expenses

2000

10

(^76)
8
8
12
10
14
12
21
18
24
21
26
15
18
12
26
18
29
2001 2002 2003 2004 2005 2006 2007
Revenue
Expenses
2008 2009
Millions of dollars
0
6
12
18
24
30
36
42

15. For how many years did expenses exceed revenue?
    A 1
    B 2
    C 3
    D 7
    E 8


16. The percent change in gross profit from 2007 to 2008 is approximately
    what percent greater than the percent change in gross profit from 2008
    to 2009?
    A 500%
    B 600%
    C 1,500%
    D 1,600%
    E 1,700%


17. If the revenues in 2009 were $3 million less, and the expenses for 2009
    were $4 million more, then the average (arithmetic mean) annual profit
    for the 10 years shown would be approximately how much less?
    A $300,000
    B $400,000
    C $600,000
    D $700,000
    E $1,000,000

42 PART 1 ■ GETTING STARTED

01-GRE-Test-2018_001-106.indd 42 12/05/17 11:38 am