Reduce the Following Fraction to Its Lowest Terms

question 5

Short Answer

Reduce the following fraction to its lowest terms.
105/135 = _____

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Definitions:

Return On Assets

A measure of how effectively a company uses its assets to generate profit, calculated as net income divided by total assets.

Return On Equity

A measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholders' equity.

Profit Margin

A financial metric used to assess a company's profitability by comparing net income to sales. It's often expressed as a percentage indicating how much of each dollar in sales a company keeps as profit.

Equity Multiplier

A ratio of financial leverage showing the portion of a company's assets financed through shareholders' equity.