Solve the Problem. Round to the Nearest Hundredth

question 171

Multiple Choice

Solve the problem. Round to the nearest hundredth.
-What is 35% of 1020?

• A) 35,700.00
• B) 35.70
• C) 3570.00
• D) 357.00

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Definitions:

Total Assets

Total Assets represent the sum of all the assets owned by an entity, including both current and non-current assets.

Dividend Payout Ratio

A financial metric that shows the percentage of a company's earnings paid out to shareholders as dividends over a period.

Debt-Equity Ratio

A measure of a company's financial leverage, calculated by dividing its total liabilities by its shareholders' equity, indicating the proportion of debt used to finance assets.