How do you calculate common ratio in a geometric sequence or exponential function? (1 point) Responses by subtracting one term from the following term by subtracting one term from the following term by subtracting one term from the preceding term by subtracting one term from the preceding term by dividing one term by the following term by dividing one term by the following term by dividing one term by the preceding term

The correct way to calculate the common ratio in a geometric sequence or exponential function is by dividing one term by the preceding term.