Provide the Proper Response $\frac { 3 } { 8 }$

question 68

Multiple Choice

Provide the proper response. Show all fractions in simplest form.
-Write a fraction to represent the shaded portion of the figure.

• A)\(\frac { 3 } { 8 }\)
• B) \(\frac { 5 } { 3 }\)
• C) \(\frac { 5 } { 8 }\)
• D)\(\frac { 3 } { 5 }\)

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Definitions:

Fixed Asset Turnover

A financial ratio that measures how efficiently a company is using its fixed assets to generate sales.

Profit Margin

A financial metric used to evaluate a company's profitability, calculated as net income divided by revenue.

Net Fixed Assets

Assets with a physical form that are held by a company for long-term use, minus depreciation.

Average Collection Period

How long, on average, it takes for a business to get paid by its customers.