Simplify the Numerical Expression $$\left( \frac { 16 } { 32 } \right) \times \left( \frac { 8 } { 48 } \right)$$

question 34

Short Answer

Simplify the numerical expression. Give your answer in reduced form. $$\left( \frac { 16 } { 32 } \right) \times \left( \frac { 8 } { 48 } \right)$$

Acknowledge the importance of creativity in solving problems and generating multiple solutions.

Recognize the importance of critical thinking attributes such as open-mindedness and mindfulness.

Understand the impact of biases and heuristics on decision-making.

Grasp the concept of loss aversion and related cognitive biases.

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Definitions:

Salary

A fixed amount of money or compensation paid to an employee by an employer in return for work performed.

Share

Represents a unit of ownership interest in a corporation or financial asset.

Capital Balances

Refers to the amounts shown in the equity section of the balance sheet, representing the owner’s investment in the business.

Net Loss

A situation where a company's expenses exceed its revenues during a specific period, indicating negative profitability.