Question

HW Score: 75%, 6 of 8 pointPoints: 0 of 1A corporation reported profits of approximately $1,200 million with approximately $29,000 million in revenues. Compare the profit to revenue by writing as a fraction in lowest terms.Homework: 2.1 HWThe ratio of profits to revenues is (Type an integer or a simplified fraction.)Question 8, 2.1.27CETTS

Answer 1

Explanation

For the given question, we are asked to profit to revenue fraction in the lowest term

We have

$\begin{gathered} profit=\text{ \ 1200 millions} \\ Revenue=\text{ \ 29000 millions} \end{gathered}$$\begin{gathered} The\text{ ratio will be} \\ \frac{1200}{29000}=\frac{6}{145} \end{gathered}$

Thus, the answer is 6/145