How Many Significant Figures Are in 120.07

question 83

Multiple Choice

How many significant figures are in 120.07?

• A) 6
• B) 5
• C) 4
• D) 3
• E) 2

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Definitions:

Working Capital

The difference between a company's current assets and its current liabilities, indicating short-term financial health.

Capital Cost Allowance

A tax deduction in Canada allowing for the depreciation of capital assets to be deducted from income.

Tax Rate

The tax rate is the percentage at which an individual or corporation is taxed by the government on income or profits.

Class 43

Class 43 is a category used in certain tax systems for specific types of assets that qualify for accelerated depreciation, often related to clean energy or energy-efficient equipment.