Solve the Equation by Factoring $$12 x ^ { 2 } + 23 x + 10 = 0$$

question 91

Multiple Choice

Solve the equation by factoring.
- $$12 x ^ { 2 } + 23 x + 10 = 0$$

• A) \(\left\{ \frac { 5 } { 4 } , - \frac { 2 } { 3 } \right\}\)
• B) \(\left\{ - \frac { 5 } { 4 } , - \frac { 2 } { 3 } \right\}\)
• C) \(\left\{ \frac { 5 } { 4 } , \frac { 2 } { 3 } \right\}\)
• D) \(\left\{ - \frac { 5 } { 12 } , - \frac { 1 } { 5 } \right\}\)

Recognize the impact of inventory transactions on financial statements.

Understand and apply the concepts of sales returns, allowances, and estimates in financial accounting.

Calculate and apply appropriate journal entries for merchandise sales and purchases.

Understand the concept of inventory shrinkage and how to account for it.

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Definitions:

Purchases Returns & Allowances

Purchases Returns and Allowances are reductions in the cost of purchases due to returning goods or granting allowances for defective or unsatisfactory goods.

Sales Discounts

Sales discounts are reductions in the selling price offered to customers, often as an incentive for early payment or bulk purchases.

Inventory Balance

The value of goods available for sale at the end of an accounting period.

Plant, Property

Long-term tangible assets owned by a business, used in operating activities, and not expected to be consumed or converted into cash short term.