Perform the Requested Conversion

question 104

Multiple Choice

Perform the requested conversion.
-Convert 0.193% to decimal form.

• A)19.3
• B)0.00193
• C)1.93
• D)0.0193

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Definitions:

Lock Boxes

A cash management service offered by banks involving the collection of payments from a corporation's customers, aiming to reduce the time it takes for companies to receive payments.

Mail Float

The time between when a payment is mailed and when it is received and processed.

Warehousing

The process of storing goods in a large building until they are sold or distributed.

Source of Financing

The means through which funds are provided to businesses for operating capital or growth, including loans, investment, or earnings.