Simplify Your Answer Should Be in Lowest Terms $\frac { 1 } { 6 } - \left( - \frac { 1 } { 54 } \right)$

question 517

Multiple Choice

Simplify. Your answer should be in lowest terms.
- $\frac { 1 } { 6 } - \left( - \frac { 1 } { 54 } \right)$

• A) \(\frac { 1 } { 22 }\)
• B) \(\frac { 20 } { 11 }\)
• C) \(\frac { 5 } { 27 }\)
• D) \(\frac { 1 } { 216 }\)

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Definitions:

Income Statement

A financial statement that shows a company's revenues and expenses over a specific period of time, revealing profit or loss.

Balance Sheet

A financial statement that summarizes a company's assets, liabilities, and shareholders' equity at a specific point in time, showing the company's financial position.

Market-To-Book Ratio

A financial valuation metric used to compare a company's current market value to its book value.

P/E Ratio

Price-to-Earnings Ratio, a valuation metric for evaluating the relative attractiveness of a company's share price compared to its earnings per share.