Add (Reduce to Lowest Terms): 4/15 + 1/15

question 114

Short Answer

Add (reduce to lowest terms): 4/15 + 1/15

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Definitions:

Total Debt

The sum of all liabilities, both short and long term, that a company owes to external parties.

Debt/Equity Ratio

An indicator for evaluating a company's use of financial leverage, obtained by dividing the firm's overall liabilities by the equity of its shareholders.

Net Income

The earnings of a company after all expenses, including taxes and operational costs, have been deducted from revenues, reflecting the company's profit.