Examlex
Reduce all fractions to their simplest forms. Convert all improper fractions to mixed numbers. Provide answers in the following format:
Fraction: 3/4
Mixed number: 1 5/8
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Equipment Purchase
The acquisition of physical assets like machinery, computers, or production tools for business operations, often involving capital expenditure.
Special One-Time Charge
A non-recurring expense or fee recorded in a company's financial statements, typically related to restructuring or significant adjustments.
Corporate Restructurings
Refers to significant organizational changes in a company, which may include mergers, acquisitions, divestitures, or other major reorganizations aimed at increasing efficiency or profitability.
Income Statement
A financial statement that reports a company's financial performance over a specific accounting period, detailing revenues, expenses, and net income or loss.
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