Subtract as Indicated, and Express Your Answer in Lowest Terms $\frac { 5 } { 8 } - \frac { 8 } { 9 }$

question 160

Multiple Choice

Subtract as indicated, and express your answer in lowest terms. $\frac { 5 } { 8 } - \frac { 8 } { 9 }$

• A) \(- \frac { 19 } { 73 }\)
• B) \(\frac { 19 } { 72 }\)
• C) \(\frac { 5 } { 18 }\)
• D) \(- \frac { 20 } { 73 }\)
• E) \(- \frac { 19 } { 72 }\)

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Definitions:

Cost Of Goods Sold

The total cost of manufacturing or purchasing the products that were sold during a specific period.

Total Asset Turnover

A financial ratio that measures a company's ability to generate sales from its assets by comparing sales or revenues to its total assets.

Common Stock

A type of equity security that represents ownership in a corporation, providing voting rights and potential dividends to shareholders.

Market Price

Today's price for buying or selling a service or asset within the marketplace.