The correct option is (A). The solution of the equation is x=48.125.
Given an equation 
.
A statement that uses the equal sign to show that two expressions have the same value is called an equation. The equation is represented as ax+by=c.
Firstly, we will apply the distributive property to the given equation a×(b+c)=ab+ac, we get
Now, we will simplify the right-hand side equation by taking LCM, we get
Further, we will multiply both sides with 77, we get
77×(96x/77)=77×60
96x=4620
Then, we will divide both sides with 96, we get
96x/96=4620/96
x=48.125
Hence, the solution of the given equation is x=48.125.
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The preparation of Reading Readiness, Inc.'s multi-step Income Statement for the month ended January 31 is as follows:
Reading Readiness, Inc.
Income Statement
For the month ended January 31
Sales Revenue $175,500
Less:
Sales Returns 4,700
Sales Discounts 6,000
Net Sales $164,800
Cost of Goods Sold 67,700
Gross profit $97,100
Expenses:
Salaries and Wages $25,900
Depreciation Expense 13,800
Rent Expense 24,000
Operating expenses $63,700
Operating income $33,400
Interest Expense 1,600
Income before tax $31,800
Income tax expense 7,700
Net income $24,100
Data and Calculation:
Gross profit percentage = 59% ($97,100/$164,800 x 100)
Thus, the net income after deducting the income tax expense is $24,100.
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Cancel the common factors in the numerator and denominator.
Exact Form:
15
Decimal Form:
0.2
hope l helped have a good day
Are you looking for the amount after interest gained? If so I believe the answer would be $40.
500 x 0.04 x 2 = 40
Your answer is B) 1.05 x 10 5
