Solve the Problem

question 29

Multiple Choice

Solve the problem. Round your answer to the nearest tenth unless otherwise indicated.
-Maria's company has 903 employees, Ruth's company has 751 employees. 903 is what percent of 751 ?

• A)120.2
• B)1.2
• C)83.2
• D)0.1

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Definitions:

Direct Fixed Costs

Costs that are directly linked to a specific department or cost center and do not vary with the level of production or sales.

Discounted Cash Flow

A valuation method used to estimate the attractiveness of an investment opportunity by calculating the present value of expected future cash flows using a discount rate.

Cash Payback Period

The duration of time it takes for an investment to generate enough cash flow to recover its initial outlay.

Straight-Line Method

A technique for figuring out an asset's depreciation, apportioning a consistent depreciation value annually throughout the asset's lifespan.