Solve Graphically $\begin{array} { l } \frac { 3 } { 2 } x - \frac { 1 } { 3 } y = 5 \\\frac { 5 } { 2 } x + \frac { 2 } { 3 } y = 12\end{array}$

question 19

Multiple Choice

Solve graphically.
- $\begin{array} { l } \frac { 3 } { 2 } x - \frac { 1 } { 3 } y = 5 \\\frac { 5 } { 2 } x + \frac { 2 } { 3 } y = 12\end{array}$

• A) \(( 4 , - 3 )\)
• B) \(( 3,4 )\)
• C) \(( 4,3 )\)
• D) \(( 3,1 )\)

Identify and differentiate between ordinary and extraordinary items on the income statement.

Recognize and understand the treatment of gains or losses from the disposal of business components and equipment.

Comprehend the rationale and application of the multi-step income statement for financial analysis.

Understand revenue recognition principles and the impact of net income on financial statements.