Dividing a Number by 10⁵ Is the Same as Multiplying

question 85

True/False

Dividing a number by 10⁵ is the same as multiplying a number by 10^-5.

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Definitions:

Operating Costs

The expenses associated with the operation of a business, excluding costs associated with production.

Working Capital

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

Net Present Value

A calculation used to assess the profitability of an investment, considering the present value of its future cash flows minus the initial investment.

Payback Period

The duration necessary to regain the investment's cost.