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FSA Review Practice 2 Ratios, Rates & Percents Read each question, bubble or grid the correct answer. Show all work on back or separate piece of paper. No Work, No Credit.6. There are 12 boys and
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How to fill out ratios rates and proportions

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How to fill out ratios rates and proportions

01
Understand the difference between ratios, rates, and proportions.
02
To fill out ratios, compare two quantities by dividing them.
03
When filling out rates, compare two quantities that have different units by dividing them.
04
To solve proportions, set up two equal ratios and cross multiply to find the missing value.

Who needs ratios rates and proportions?

01
Students studying mathematics or related subjects.
02
Anyone working in fields that involve comparing quantities such as finance, business, or science.
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Ratios, rates, and proportions are mathematical concepts used to compare quantities. A ratio is a comparison of two numbers, a rate is a specific kind of ratio that involves time or another variable, and a proportion indicates that two ratios are equal.
Typically, businesses and individuals that engage in financial reporting and analysis, such as public companies and financial institutions, are required to file ratios rates and proportions with relevant regulatory bodies.
To fill out ratios rates and proportions, gather relevant financial data, calculate the required ratios and rates as per guidelines, and enter them into the designated forms or reports, ensuring accuracy and compliance.
The purpose of ratios, rates, and proportions is to provide insights into financial performance, analyze trends, and facilitate comparisons across time periods or with other entities.
Information that must be reported typically includes financial figures such as assets, liabilities, revenues, expenses, and specific calculated ratios such as liquidity ratios, profitability ratios, and leverage ratios.
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