Solve the Problem. Round to the Nearest Hundredth

question 28

Multiple Choice

Solve the problem. Round to the nearest hundredth.
-8.5% of 45 is what number?

• A) 3.83
• B) 0.38
• C) 383.00
• D) 38.30

---

Definitions:

Depreciation

The systematic allocation of the cost of a tangible asset over its useful life, reflecting wear and tear or obsolescence.

Long-Run Exposure

Financial risk faced by a company due to fluctuating exchange rates affecting the value of its foreign currency denominated transactions over time.

Financial Statements

Compiled records that convey the financial activities and condition of a business, including the balance sheet, income statement, and cash flow statement.

Foreign Currency Approach

A method used in financial analysis and reporting that involves converting transactions or balances in foreign currencies into the functional currency.