Solve the Problem. -In a Student Survey, 97 Students Indicated That They Speak

question 77

Multiple Choice

Solve the problem.
-In a student survey, 97 students indicated that they speak Spanish, 30 students indicated that they speak French, 8 students indicated that they speak both Spanish and French, and 124 students indicated that they speak
Neither. How many students participated in the survey?

• A) 119
• B) 235
• C) 243
• D) 251

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Definitions:

Income Tax Expense

The amount of money that a company or individual owes to the government based on their taxable income.

Deferred Tax Liability

A financial obligation recorded on a company's balance sheet that results from a difference in the timing of when income is earned and when it is taxable.

Installment Sales

Revenue recognition method allowing income to be realized at the time of sale but received through regular payments over time.