Simplify
- $\frac { \frac { x } { 8 } } { \frac { 3 } { x + 7 } }$

question 243

Multiple Choice

Simplify.
- $\frac { \frac { x } { 8 } } { \frac { 3 } { x + 7 } }$

• A) \(\frac { 8 x } { 3 ( x + 7 ) }\)
• B) \(24 x ( x + 7 )\)
• C) \(\frac { x ( x + 7 ) } { 24 }\)
• D) \(\frac { x + 7 } { 24 x }\)

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Definitions:

Uncollectible Accounts Receivable

Money owed to a company that it does not expect to collect due to the debtor's inability to pay.

Bad Debt Expense

This represents the amount of receivables a company believes it can no longer collect, reflecting potential losses for accounts receivable or loans that are not expected to be fully paid.

Allowance

A reduction from the gross amount of an asset to recognize a reduction in its value.

Bad Debt Expense

An expense reported on the income statement, representing the estimated amount of receivables that a company does not expect to collect.