The 1120s form is shorter than the 1120 form. The shorter form can be used by individuals and partnerships. The longer form is usually used by corporations.
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1120/5 = 224
40
1120 = 1.12x10^3
30/100 * 1120 = 336
1120 is an integer and not a fraction. However, it can be expressed in rational form as 1120/1 which cannot be simplified.