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A company's revenue is 1.4 million dollars for the year and 400 thousand dollars in the fourth quarter. The same company's costs are 1.2 million
A company's revenue is 1.4 million dollars for the year and 400 thousand dollars in the fourth quarter. The same company's costs are 1.2 million dollars for the year and 350 thousand dollars in the fourth quarter.
What is the ratio of revenue to costs for the fourth quarter of the year? What is the proportion of revenue in the fourth quarter to total revenue for the year?
(Answers in the following form: Ratio, Proportion)
Can you write out the ratio and proportion equations? I don't understand how to do this.
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