Solve
-A Couple Have Bought a New House and Are $\$ 110$

question 69

Multiple Choice

Solve.
-A couple have bought a new house and are comparing quotes from two moving companies for moving their furniture. Company A charges $\$ 110$ for the truck and $\$ 60$ per hour for the movers. Company B charges $\$ 90$ for the truck and $\$ 75$ per hour for the movers. Create a cost equation for each company where $y$ is the total cost and $x$ is the number of hours of labor. Write a system of equations.

• A) \(60 y = x + 110\)
• \(75 y = x + 90\)
• B) \(60 \mathrm { y } = 110 \mathrm { x }\)
• \(75 \mathrm { y } = 90 \mathrm { x }\)
• C) \(y = 110 x + 60\)
• \(y = 90 x + 75\)
• D) \(y = 60 x + 110\)
• \(y = 75 x + 90\)

---

Definitions:

Limited Liability Company

A business structure that combines the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation.

Capital Balances

Capital balances refer to the amount of money equity holders have invested in a company, often reflected in the equity section of the balance sheet.