Find the Ratio. Simplify, If Possible

question 55

Multiple Choice

Find the ratio. Simplify, if possible.
-If Alison's company charged $189.99 for 9 hours of work, how much did they charge per hour?

• A)$30.11/hour
• B)$9.00/hour
• C)$23.75/hour
• D)$21.11/hour

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Definitions:

Fair Value

The estimated market value of an asset or liability, based on current prices in an open market.

Financial Statements

Formal records that outline the financial activities and condition of a business, including balance sheets, income statements, and cash flow statements.

Adjusted Trial Balance

A list of all account titles and balances after adjustments are made, used to verify the equality of debits and credits and prepare financial statements.