Solve the Equation for X $\left| \begin{array} { l l } x & 3 \\ 2 & 1 \end{array} \right| = 6$

question 152

Multiple Choice

Solve the equation for x.
- $\left| \begin{array} { l l } x & 3 \\ 2 & 1 \end{array} \right| = 6$

• A) \(\{ 6 \}\)
• B) \(\{ 12 \}\)
• C) \(\{ 2 \}\)
• D) \(\{ - 4 \}\)

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Definitions:

Synthetic Lease

A financing arrangement that classifies as an operating lease for accounting purposes but as a financing purchase for tax purposes, often used in real estate and equipment leases.

Tax-Oriented Lease

A leasing agreement structured to maximize tax benefits for the lessor, often by passing on tax advantages to the lessee in the form of lower lease payments.

Long-Term Commitment

A pledge or engagement to something for an extended period, often seen in investments or strategic plans.

International Accounting Standards

A set of accounting standards stating how particular types of transactions and other events should be reported in financial statements, established by the International Accounting Standards Board.