Simplify: 7 ÷

question 120

Essay

Simplify: 7 ÷

---

Definitions:

Phonebook

A printed listing of individuals' and organizations' telephone numbers, addresses, and sometimes additional information, grouped geographically.

Expense Ratios

Financial metrics that measure the efficiency of a fund by comparing the total expenses to the total assets under management.

Profits

The financial gain obtained when the revenue earned from business activities exceeds the expenses, costs, and taxes needed to sustain the activities.

Assets

Resources owned by a business or individual that have economic value or potential to provide future benefits.