Solve the System by the Substitution Method $x y = 1$

question 109

Multiple Choice

Solve the system by the substitution method.
- $x y = 1$ $48 x - y = - 2$

• A) \(\left\{ \left( - 6 , - \frac { 1 } { 6 } \right) , \left( 8 , \frac { 1 } { 8 } \right) \right\}\)
• B) \(\{ ( 6 , - 6 ) , ( - 8,8 ) \}\)
• C) \(\left\{ \left( - \frac { 1 } { 6 } , - 6 \right) , \left( \frac { 1 } { 8 } , 8 \right) \right\}\)
• D) \(\left\{ \left( \frac { 1 } { 8 } , 8 \right) \right\}\)

Calculate consolidated noncurrent assets and understand allocation of excess consideration in acquisitions.

Recognize accounting treatment for multiple acquisitions and changes in ownership percentages.

Understand consolidation procedures for subsidiaries acquired during the fiscal year.

Identify the correct recording of realized and unrealized gains or losses from sale of subsidiary shares.

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