When Subtracting Decimal Fractions, the Decimal Point Should Be Aligned

question 5

True/False

When subtracting decimal fractions, the decimal point should be aligned in the same vertical position in the answer.

---

Definitions:

Inventory

A company's merchandise, raw materials, and finished and unfinished products which have not yet been sold; considered an asset on the balance sheet.

Book Value

The net asset value of a company calculated as total assets minus intangible assets and liabilities.

Net Income

The residual income a company has after expenses and taxes are deducted from its total income.

Comprehensive Income

The change in equity of a company during a period from transactions and other events, including all non-owner changes.