Write Four Hundred Eighty-Seven Thousand Two Hundred Ninety-Six in Standard

question 45

Multiple Choice

Write four hundred eighty-seven thousand two hundred ninety-six in standard form.

• A) 964,872
• B) 872,964
• C) 482,796
• D) 296,487
• E) 487,296

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Definitions:

Retained Earnings

The part of net earnings a corporation keeps instead of paying out to its shareholders in the form of dividends.

Noncumulative

A term often used to describe preferred stocks or dividends that do not accumulate if they are unpaid or not declared.

Nonparticipating

Describing a type of insurance policy or preferred stock where the holder is not entitled to share in the company's profits beyond a specified amount.

Journal Entries

Entries made in the accounting records to document financial transactions, updating account balances accordingly.