A small stationery store has an inventory of 300 pencils, 240 pens, 180 calculators, and 420 notebooks. a. What is the ratio of the items? Express in lowest terms b. If they sell 210 notebooks, what is the new ratio of the items?

A small stationery store has an inventory of 300 pencils, 240 pens, 180 calculators, and 420 notebooks. a. What is the ratio of the items? Express in lowest terms b. If they sell 210 notebooks, what is the new ratio of the items?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

A small stationery store has an inventory of 300 pencils, 240 pens, 180 calculators, and 420 notebooks.

a. What is the ratio of the items?

Express in lowest terms

b. If they sell 210 notebooks, what is the new ratio of the items?

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