Estimate the Percentage. 10% of 98,650

question 9

Multiple Choice

Estimate the percentage.
10% of 98,650

• A) 987
• B) 9,865
• C) 1,973
• D) 98.65
• E) 4,933

Grasp the concept and importance of comprehensive risk analysis in financial decision-making.

Recognize the impact of organizational reliance on individuals and its role in assessing default risk.

Understand the protective role of loan covenant provisions against credit risks.

Evaluate the effectiveness of different approaches to credit analysis.

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Definitions:

Fixed Expenses

Costs that do not fluctuate with changes in production level or sales volume.

Variable Expenses

Costs that vary directly with the level of production or sales volume, such as raw materials or sales commissions.

Margin of Safety

The difference between actual sales and the break-even point, indicating the extent to which sales can decline before losses begin.

Net Operating Income

The profit a company generates from its core business operations, excluding expenses and revenues from non-operating activities.