At the End of the Season, the Marblehead Indians Had

question 79

Short Answer

At the end of the season, the Marblehead Indians had 18 wins and 4 losses. What percent of the games did the team win? (Round to the nearest hundredth percent.)

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Definitions:

Net Income

The net income of a business once all costs and taxes are subtracted from its total revenues.

Fair Value Through Other Comprehensive Income

A financial accounting method where certain assets are revalued periodically and changes are recorded in other comprehensive income.

Balance Sheet

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

Fair Value Through Other Comprehensive Income

An accounting treatment for certain investments that are measured at their fair value with changes recognized in other comprehensive income until the investment is sold or disposed of.