Reduce All Fractions to Their Simplest Forms

question 6

Short Answer

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
-Add dimensions A and C, and then express the answer as a decimal number. Carry the answer to 4 decimal places.

Recognize different types of budgets within a corporate setting and their purposes.

Identify the process and benefits of preparing a sales budget.

Explain the role of flexible and static budgets in planning and control.

Understand the concepts of budget slack and goal conflict in budget preparation.

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Definitions:

U.S. GDP

The total market value of all final goods and services produced within the United States in a given period, and it's a measure of the economic output and health of the U.S. economy.

American Doctor

A medical professional who has earned the Doctor of Medicine (MD) or Doctor of Osteopathic Medicine (DO) degree in the United States.

Consumption Component

The part of gross domestic product (GDP) that includes spending by households on goods and services, excluding purchases of new housing.

Education

The systematic process of facilitating learning, acquisition of knowledge, skills, values, beliefs, and habits through various methods including teaching, training, storytelling, and research.