If the Number in the Statement Is Written in Scientific $6.77 \times 10 ^ { - 5 }$

question 103

Multiple Choice

If the number in the statement is written in scientific notation, write it without exponents. If it is written without
exponents, write it in scientific notation.
-A company produces 677,000 small appliances in one year.

• A) \(6.77 \times 10 ^ { - 5 }\)
• B) \(67.7 \times 10 ^ { 4 }\)
• C) \(6.77 \times 10 ^ { 5 }\)
• D) \(6.77 \times 10 ^ { 6 }\)

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Definitions:

Callable Bonds

Bonds that can be redeemed by the issuer prior to their maturity date, usually at a premium above the face value.

Financing Activities

Transactions involving changes in equity and long-term liabilities on the balance sheet, reflective of how a company raises capital and repays its investors.

Amortization

Amortization is the process of gradually writing off the initial cost of an intangible asset over its useful life, reflecting its consumption or expiration.

Straight-Line Amortization

An alternative method of amortizing bond discounts and premiums that allocates an equal dollar amount to each interest period. It is only permitted by GAAP under specific circumstances.