Find the Value of the Expression $\left( \frac { 1 } { 2 } \right) ^ { 3 }$

question 92

Multiple Choice

Find the value of the expression $\left( \frac { 1 } { 2 } \right) ^ { 3 }$ .

• A) \(\frac { 1 } { 8 }\)
• B) \(\frac { 1 } { 4 }\)
• C) \(\frac { 1 } { 32 }\)
• D) \(\frac { 1 } { 16 }\)
• E) \(\frac { 1 } { 64 }\)

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Definitions:

Fixed Assets

Long-term tangible assets used in the operations of a business, not expected to be converted to cash in the short term.

Accounting Period

A specific duration of time for which financial statements are prepared, often a fiscal quarter or year, used to measure financial performance.

Short-Term Lease

A lease agreement with a duration, typically less than a year, used for temporary asset usage.

Fixed Asset

A long-term tangible piece of property that a firm owns and uses in its operations to generate income.