Solve the Problem. -How Much Pure Acid Should Be Mixed with 8 Gallons

question 85

Multiple Choice

Solve the problem.
-How much pure acid should be mixed with 8 gallons of a 50% acid solution in order to get an 80% acid solution?

• A)20 gal
• B)12 gal
• C)4 gal
• D)32 gal

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Definitions:

Times Interest Earned Ratio

A financial metric assessing a company’s ability to meet its interest obligations from its operating income.

Income Tax Payments

Income tax payments are the amounts of money a company or individual must pay to the government, based on the income earned over a tax period.

Interest Expense

The cost incurred by an entity for borrowed funds, reflecting the interest payments on debts.

Debt-To-Equity Ratio

The debt-to-equity ratio is a measure of financial leverage, indicating the proportion of company financing that comes from creditors and investors, calculated as total liabilities divided by shareholders' equity.