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AChor/MFM1PName: ___ Date: ___ Ratios and ProportionsRATIOS: A ratio is a comparison of like quantities with the same units. Equivalent ratios have the same simplest form or the same comparison. How
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How to fill out ratiosampproportions

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How to fill out ratiosampproportions

01
Identify the given ratio or proportion.
02
Cross multiply the given numbers in the proportion.
03
Solve for the missing value by dividing the product of the cross multiplication by the known value.

Who needs ratiosampproportions?

01
Students studying mathematics
02
Engineers and architects designing structures
03
Business professionals analyzing financial data
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Ratios and proportions refer to mathematical relationships between values, where ratios express the relationship of one quantity to another, and proportions indicate that two ratios are equal.
Typically, businesses or individuals who are subject to regulatory and financial reporting requirements must file ratios and proportions, often including corporations, partnerships, and certain non-profit organizations.
To fill out ratios and proportions, one should gather relevant financial data, calculate the necessary ratios, and enter the information accurately on the designated forms or documents required by the regulatory body.
The purpose of ratios and proportions is to analyze financial statements, assess performance, ensure compliance with regulations, and make informed business decisions.
Information that must be reported typically includes financial metrics such as revenue, expenses, net income, assets, liabilities, and other relevant data that contributes to the calculation of ratios.
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