Solve the Equation $-$ 42 | + 6 = 24
A) X = 4

question 68

Multiple Choice

Solve the equation. | 6 x $-$ 42 | + 6 = 24

• A) x = 4
• B) x = \(-\) 4, x = \(-\) 10
• C) x = 10
• D) x = 4, x = 10

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Definitions:

Stockholders' Equity

The residual interest in the assets of a corporation that remains after deducting its liabilities, representing the ownership interest of shareholders in the company.

Total Asset Turnover

A financial ratio that measures a company's efficiency in using its assets to generate revenue.

Total Assets

Total assets represent the sum of everything of value owned by a company, including tangible and intangible resources, which are reported on a company's balance sheet.

Vertical Analysis

The presentation of a company’s financial statements in common-size form.