Use a Calculator to Approximate to Three Decimal Places $\sqrt { 0.00109 }$

question 30

Multiple Choice

Use a calculator to approximate to three decimal places.
- $\sqrt { 0.00109 }$

• A) \(3.300\)
• B) \(0.033\)
• C) \(0.003\)
• D) \(0.33\)

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Definitions:

Maturity Matching

A financial strategy that involves matching the maturity dates of assets and liabilities to minimize the risk of liquidity issues.

Working Capital Financing

Short-term loans or other credit products used by companies to finance their daily operations and manage short-term liquidity.

Long-Term Debt

A financial obligation due for repayment in more than one year's time.

Cash Conversion Cycle

A metric that shows the number of days it takes for a company to convert its investments in inventory and other resources into cash flows from sales.