To Convert 4/5 to a Decimal Fraction, 4 Is the Divisor

question 8

True/False

To convert 4/5 to a decimal fraction, 4 is the divisor and 5 is the dividend.

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Definitions:

Flotation Costs

Expenses incurred by a company in issuing new securities, including fees to underwriters, legal fees, and printing costs.

Tax Rate

The percentage at which an individual or corporation is taxed by the government on income, assets, or transactions.