Simplify. --3(9r + 7) + 5(9r + 10)

question 90

Multiple Choice

Simplify.
--3(9r + 7) + 5(9r + 10)

• A) 18r + 7
• B) r + 4
• C) -48r
• D) 18r + 29

Distinguish between bookkeeping and accounting.

Recognize the application of the accounting equation in business transactions.

Understand the role and impact of accounting in decision-making for investors, managers, and government.

Grasp the importance and requirements of regulatory acts such as the Sarbanes-Oxley Act for financial reporting and fraud prevention.

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Definitions:

Principal

The original sum of money borrowed in a loan, or the original amount invested, excluding any interest or dividends.

Inflation

The pace at which prices for general goods and services ascend, diminishing the capacity to purchase.

Price Appreciation

refers to an increase in the value of an asset over time, typically evidenced by a higher market price.

Securities

Financial instruments that represent ownership positions in publicly traded corporations (stock), creditor relationships with governmental bodies or corporations (bonds), or rights to ownership as represented by an option.