Express the Following as an Equivalent Ratio Whose Smallest Term

question 8

Short Answer

Express the following as an equivalent ratio whose smallest term is 1: 11:38:27

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Definitions:

Merchandising Firms

Companies that purchase inventory in a finished form for the purpose of reselling it to consumers without further processing.

Manufacturing Firms

Companies engaged in the transformation of raw materials into finished products through the use of labor, tools, machinery, and chemical processing.

Merchandising Firms

Businesses that purchase finished goods for resale, typically operating in the retail or wholesale sectors.

Retail and Wholesale

The selling of goods in small quantities (retail) to consumers and in large quantities (wholesale) to businesses or retailers.