Use a Calculator to Approximate the Square Root to 3 $\sqrt { 618 }$

question 103

Multiple Choice

Use a calculator to approximate the square root to 3 decimal places. Check to see that the approximation is reasonable.
- $\sqrt { 618 }$

• A) \(618.000\)
• B) \(24.857\)
• C) \(24.865\)
• D) \(24.860\)

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Definitions:

Stockholders' Equity

The ownership interest of shareholders in the assets of a corporation after all debts have been paid.

Retained Earnings

Retained earnings are the portion of a company's profits that are kept or reinvested in the business instead of being distributed to shareholders as dividends.

Weighted-average Shares

A calculation used in accounting and finance to determine the average number of shares outstanding in a company, adjusted for stock splits and other changes.

Price-earnings Ratio

A financial metric comparing a company's market price per share to its earnings per share, indicating the value given by the market for each dollar of earnings.