Solve the Equation $$\frac { 2 } { 5 } x = 3 + \frac { 1 } { 3 } x$$

question 128

Multiple Choice

Solve the equation.
- $$\frac { 2 } { 5 } x = 3 + \frac { 1 } { 3 } x$$

• A) \(\{ - 45 \}\)
• B) \(\{ 45 \}\)
• C) \(\{ 90 \}\)
• D) \(\{ - 90 \}\)

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Definitions:

Average Accounting Return

A measure of the profitability of an investment, calculated by dividing the average annual profit by the initial investment cost.

Average Total Assets

The mean value of all assets owned by a company over a specific period, used in financial analysis to gauge the company's asset use efficiency.

Profitability Index

A calculation used to determine the relative profitability of a project by dividing the present value of future expected cash flows by the initial investment.

Present Value

The current worth of a future sum of money or cash flows, given a specified rate of return.