A small company’s net income for the first six months of the year was $76,500 and for the last six months it was $100,000. What is the ratio of the first six months of the year to the last six months of the year in simplest form?
Answer: The ratio of the first 6 months to the last 6 months is 0.765. First, we need to determine the amount of money they had in each 6 month period. In the first 6 months they had: 6 x 76500 = 459000 In the second 6 months they had: 6 x 100000 = 600000 Divide the 2 values to find the ratio: 459000 / 600000 = 0.765 Have a nice day
