Solve the Equation $0.05 x - 5 ( x + 0.5 ) = 1.2$

question 105

Multiple Choice

Solve the equation. $0.05 x - 5 ( x + 0.5 ) = 1.2$

• A) \(\left\{ - \frac { 26 } { 33 } \right\}\)
• B) \(\left\{ \frac { 74 } { 99 } \right\}\)
• C) \(\left\{ - \frac { 74 } { 99 } \right\}\)
• D) \(\left\{ - \frac { 76 } { 99 } \right\}\)
• E) \(\varnothing\)

---

Definitions:

Retained Earnings

The portion of a company's profits not distributed as dividends but retained for reinvestment in the business or to pay debt.

Income Before Taxes

Another term for pretax income, indicating the amount earned by a business before subtracting taxes.