Use Lattice Multiplication to Determine the Product

question 141

Multiple Choice

Use lattice multiplication to determine the product.
-302 × 85

• A) 25,660
• B) 25,680
• C) 25,770
• D) 25,670

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Definitions:

Percentage of Net Assets

This refers to a metric that calculates what portion of a company’s total net assets is represented by a particular investment or asset class.

Retained Earnings Account

An equity account that represents the accumulated portion of net income left over after dividends are paid to shareholders.

Cumulative Earnings

The total net income of a company since its inception, minus any dividends paid to shareholders.

Dividends

Distributions to shareholders from a company, typically originating from the profits earned by the corporation.