Subtract the Following Fractions or Mixed Numbers

question 60

Short Answer

Subtract the following fractions or mixed numbers. Write the answers as fractions or mixed numbers in lowest terms.​
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a.
b.
​
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Definitions:

Net Income

Profit of a company after all expenses, including taxes and costs, have been subtracted from total revenue.

Assets

Economic resources owned or controlled by a business or individual, which are expected to produce value or benefit in the future.