The whole point of these exercices is to justify each of your steps with the proper axioms. As Slider142 said, now all that's remains to be justified is (1/b)(1/d) = 1/(bd).
But you should use more parenthesis, to highlight the use of associativity. That is, instead of
<br />
\frac{a}{b}*\frac{c}{d}= a\frac{1}{b}*c\frac{1}{d}=ac*\frac{1}{bd}=\frac{ac }{bd}
better is
\left(\frac{a}{b}\right)\left(\frac{c}{d}\right)=\left(a\frac{1}{b}\right)\left(c\frac{1}{d}\right)=\left(\left(a\frac{1}{b}\right)c\right)\frac{1}{d}=\left(a\left(\frac{1}{b}c\right)\right)\frac{1}{d}=\left(a\left(c\frac{1}{b}\right)\right)\frac{1}{d}=\left(\left(ac\right)\frac{1}{b}\right)\frac{1}{d}=(ac)\left(\frac{1}{b}\frac{1}{d}\right)=(ac)\left\frac{1}{bd}=\frac{ac}{bd}
and the justifications are: by definition, by associativity, by associativity, by commutativity, by associativity, by associativity, by <insert justification why (1/b)(1/d) = 1/(bd)>, by definition.