What Property Does the Expression Demonstrate? 3(x - 7) =

question 20

Multiple Choice

What property does the expression demonstrate? 3(x - 7) = 3x - 3

• A) Commutative property of multiplication
• B) Commutative property of addition
• C) Associative property of addition
• D) Distributive property of multiplication over addition

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Definitions:

Lower Cash Balance Limit

The minimum amount of cash that a business aims to maintain in its cash reserves to meet emergency or operational needs.

Miller-Orr Model

The Miller-Orr Model is a financial model used to manage cash flow and determine the optimal balance between holding cash versus short-term investments.

Disbursements

Payments made by a business, often related to operational expenses or loan repayments.

Optimal Average Cash Balance

The ideal level of cash a company seeks to maintain to minimize the costs associated with holding too much or too little cash.