Change 0645 into a Fraction and Reduce to the Lowest Term

question 180

Short Answer

Change 0.645 into a fraction and reduce to the lowest term. (Use a backslash "/" when entering your answer. e.g. 1/2)

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Definitions:

Total Liabilities & Equity

The sum of all financial obligations and owners' equity of a business, representing the sources of funding for its assets.

Common Size Income Statement

A financial statement that presents all items as a percentage of a common base figure, making it easier to analyze changes and compare financial performance over time.

Net Income

The total profit of a company after all expenses, taxes, and costs have been subtracted from total revenue, indicating financial health.

Return On Assets

A financial metric that measures the profitability of a company in relation to its total assets.