Write the Ratio 12 Feet to 21 Yards as a Fraction

question 26

Multiple Choice

Write the ratio 12 feet to 21 yards as a fraction in simplest form. ( Hint: 3 feet = 1 yard.)

• A) \(\frac { 4 } { 21 }\)
• B) \(\frac { 21 } { 4 }\)
• C) \(21\)
• D) \(\frac { 1 } { 4 }\)
• E) \(4\)

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Definitions:

Lower-of-Cost-or-Market

An accounting principle that mandates inventory be recorded at the lower between its historical cost and current market value.

Balance Sheet

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

Inventory Quantity

The amount of merchandise, raw materials, work-in-progress, and finished goods that a company holds at any given point in time.

Days' Sales

A financial metric that calculates the average time it takes for a company to convert its inventory into sales.