Write the Following Fraction as an Equivalent Fraction with Denominator $\frac{2}{7}$

question 25

Multiple Choice

Write the following fraction as an equivalent fraction with denominator 14. $\frac{2}{7}$

• A) \(\frac{2}{14}\)
• B) \(\frac{28}{14}\)
• C) \(\frac{4}{14}\)
• D) \(\frac{5}{14}\)
• E) \(\frac{98}{14}\)

Distinguish between publicly held and privately held corporations.

Understand the process and legalities involved in forming a corporation.

Recognize the advantages and disadvantages of the corporate form of organization.

Understand corporate taxation and financial reporting obligations.

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Definitions:

Simple Interest

Interest figured only on the principal balance, or on the portion of the principal balance that is still due.

Closing Balance

The amount of money in an account at the end of a period, after all transactions have been accounted for.

Bank Account

A financial account maintained by a bank or another financial institution in which the deposits, withdrawals, and balances of a customer are recorded.

Maturity Value

The sum owed to an investor at the conclusion of a fixed-duration investment, encompassing both the original amount invested and the accrued interest.