If You Define X = 2/3, and Then Type Format

question 6

Multiple Choice

If you define x = 2/3, and then type format short, how will the value of x be displayed?

• A)x = 0.66666666667
• B)x = 0.6667
• C)x = 0.67
• D)x = 2/3

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Definitions:

Salvage Value

The estimated residual value of an asset at the end of its useful life, reflecting what a company expects to recover once the asset is no longer useful.

Useful Life

The estimated duration a fixed asset is expected to be economically usable by a company, affecting depreciation calculations.

Amortization Expense

Amortization Expense refers to the systematic allocation of the cost of intangible assets over their useful lives.

Depreciation

The systematic allocation of the cost of a tangible asset over its useful life, reflecting the decrease in value over time.