Free GMAT Practice Test

If 2^(x+2) - 2^x = 24, what is the value of (x + 1)^2?

Machine A working alone at a constant rate can produce a batch of 600 components in 6 hours. Machine B working alone at a constant rate can produce the same batch in 4 hours. Machine A starts working alone at 8:00 AM. At 10:00 AM, Machine B joins Machine A, and both machines work together at their respective constant rates until the batch of 600 components is completed. At what time is the batch completed?

A dataset consists of 7 distinct positive integers with an arithmetic mean of 20 and a median of 18. If the largest integer in the dataset is M, what is the greatest possible value of M?

A regional grocery chain recently introduced automated self-checkout kiosks across all 50 of its store locations. Company executives predicted that replacing 40% of staffed cashier stations with self-checkout kiosks would reduce overall hourly labor expenditures by at least 25% within the first six months. However, financial audits conducted at the end of the six-month period revealed that the chain's total labor expenditures did not decrease at all. Which of the following, if true, most helps to explain the failure of the self-checkout kiosks to reduce the grocery chain's total labor expenditures?

Fintech startup CrediFlow developed an AI-driven credit underwriting model that analyzes alternative consumer data—such as utility payment histories, rent timeliness, and subscription consistency—rather than relying solely on traditional FICO credit scores. CrediFlow claims that implementing this model will allow commercial banks to expand credit approvals to previously unscorable young borrowers without increasing loan default rates. Which of the following, if true, provides the strongest support for CrediFlow's claim?

Read the following passage from a corporate finance analysis: "In traditional corporate governance theory, the principal-agent framework posits that executive compensation should be tightly coupled with short-term equity price appreciation—principally via stock options—to align managerial incentives with shareholder wealth maximization. However, empirical behavioral economics research demonstrates that asymmetric compensation structures, where executives capture immense upside equity gains while bearing negligible downside personal liability, incentivize excessive risk-taking and myopic cost-cutting. By prioritizing quarterly earnings per share over long-term capital investments in research, employee retention, and infrastructure resilience, executive agents frequently erode the enterprise's sustainable competitive moat, ultimately destroying long-term shareholder value." According to the passage, the author suggests that executive compensation structures relying heavily on stock options often fail to protect long-term shareholder value primarily because they:

If x and y are positive integers, is the product xy a multiple of 12? Statement (1): x is a multiple of 6. Statement (2): y is a multiple of 4.

A portfolio manager analyzes quarterly performance metrics for four regional investment funds over the past fiscal year: • Fund Alpha: Q1 Return = +4.2%, Q2 Return = -1.5%, Q3 Return = +6.0%, Q4 Return = +3.3%; Annual Volatility = 8.5% • Fund Beta: Q1 Return = +2.0%, Q2 Return = +2.5%, Q3 Return = +2.8%, Q4 Return = +2.7%; Annual Volatility = 2.1% • Fund Gamma: Q1 Return = +8.5%, Q2 Return = -4.0%, Q3 Return = +9.2%, Q4 Return = -2.5%; Annual Volatility = 14.8% • Fund Delta: Q1 Return = +1.2%, Q2 Return = +3.4%, Q3 Return = -0.8%, Q4 Return = +4.2%; Annual Volatility = 5.6% Based strictly on the provided quarterly data, which of the following statements must be true?