answersLogoWhite

0

Yes - K is accounting/financial shorthand for thousand.
The letter "K" after 300 denotes a multiplication factor equal to 1000, thus the sum of 300K should be derived by 300 multiplied by 1000 or 300 X 1000 = 300,000. This is most commonly used when referring to mileage, money, etc.

User Avatar

Wiki User

18y ago

What else can I help you with?