The Reciprocal of Any Number Is That Number Divided into ____

question 9

Multiple Choice

The reciprocal of any number is that number divided into ____.

• A) zero
• B) one
• C) two
• D) ten

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Definitions:

Selling Price

The sum a purchaser spends to acquire a good or service from a vendor.

Absorption Costing

A cost accounting method that includes all manufacturing costs - direct materials, direct labor, and both variable and fixed manufacturing overhead - in the cost of a product.

Cost-plus Pricing

A pricing tactic in which the final sale price is established by applying a predetermined markup on top of the product's purchase cost.

Return on Investment

A financial ratio measuring the gain or loss generated on an investment relative to the amount of money invested.