Solve the System of Equations by Elimination

question 57

Multiple Choice

Solve the system of equations by elimination.
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• A)x = 12, y = -4; (12, -4)
• B)x = -12, y = 3; (-12, 3)
• C)x = -12, y = 7; (-12, 7)
• D)x = -4, y = 12; (-4, 12)

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Definitions:

Accounts Receivable

Money owed to a company by its customers for goods or services that have been delivered or used but not yet paid for.

Times Interest Earned Ratio

The times interest earned ratio is a financial metric that measures a company's ability to meet its debt obligations based on its current earnings before interest and taxes (EBIT).

Default in Payment

Occurs when a borrower fails to make a loan payment on time as agreed upon in the loan agreement.

Gross Profit Rate

The percentage difference between a company's net sales and the cost of goods sold, indicating the efficiency of sales generation.