Net income for the first six months of the years = $76,500
Net income for the first six months of the years = $100,000
Ratio of the first six months of the year to the year to the last six months of the year = [tex] \frac{76,500}{100,000} [/tex]
To write the above fraction in the lowest form, find the greatest common factor of 76,500 and 100,000 which is 500. Now divide numerator and the denominator by 500.
[tex] \frac{76,500}{100,000} [/tex] = [tex] [/tex][tex] \frac{76,500\div 500}{100,000\div 500} [/tex]
= [tex] \frac{153}{200} [/tex]
Ratio of the first six months of the year to the year to the last six months of the year in simplest form = [tex] \frac{153}{200} [/tex]
