Use Cramer's Rule to Solve the System $$\begin{array} { l } 2 x = 19 - 3 y \\5 y = - 11 + 2 x\end{array}$$

question 38

Multiple Choice

Use Cramer's rule to solve the system.
- $$\begin{array} { l } 2 x = 19 - 3 y \\5 y = - 11 + 2 x\end{array}$$

• A) \(\{ ( 8,1 ) \}\)
• B) \(\{ ( 1,8 ) \}\)
• C) \(\{ ( - 1,8 ) \}\)
• D) \(\{ ( 8 , - 1 ) \}\)

Identify and classify different types of expenses and losses.

Understand the composition and calculation of net income.

Recognize how inventory is classified in financial statements.

Calculate cost of goods sold and understand its impact on gross profit.

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Definitions:

Net Operating Income

This is the profit a business generates from its operations, excluding non-operating income and expenses, taxes, and interest.

Units

In a manufacturing or production context, units refer to individual items or products.

Variable Expenses

Costs that fluctuate with changes in production volume or business activity levels, such as raw materials and direct labor.

Fixed Expenses

Costs that do not change with the level of output or sales in the short term, such as rent, salaries, and insurance.