Convert the Common Fraction into Decimal Form $\frac { 102 } { 79 }$

question 114

Multiple Choice

Convert the common fraction into decimal form. If necessary, round to the nearest thousandth.
- $\frac { 102 } { 79 }$

• A) \(1.401\)
• B) \(1.101\)
• C) \(1.291\)
• D) \(0.775\)

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Definitions:

Fiscal Year

A 12-month period that companies use for accounting purposes and preparing financial statements, which does not necessarily align with the calendar year.

Net Income

The total earnings of a company after subtracting all expenses, taxes, and costs from the total revenue.

Common Stock

Represents equity ownership in a corporation, with holders possibly entitled to vote on corporate policy and receive dividends.

Dividends

Payments made by a corporation to its shareholder members, distributed from the company's profits.