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You own a painting whose dimensions are 24 inches by 30 inches. If you create a postcard-sized reproduction of the painting whose area is 20 square inches, what is the scaling factor for the reproduction?
Economic Entities
Organizations or individuals engaged in economic activities, recognized as separate units for accounting and financial reporting.
Revenues
Revenues are the total amount of money generated by the sale of goods or services related to a company's primary operations.
Expenses
The costs incurred by a business in the process of earning revenue, such as rent, salaries, and utilities.
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