Simplify the Following Expression

question 206

Multiple Choice

Simplify the following expression:
6x² - 2x + 8x² - 3x + 2

• A)14x² - 4x + 1
• B)4x² + 4x + 1
• C)14x² - 5x + 2
• D)-6x² - 8x + 2

Understand the advantages of taking sales discounts for buyers.

Grasp the need for physical inventory in a perpetual inventory system.

Differentiate between the single-step and multiple-step income statements.

Understand the inclusion of specific transactions in the general ledger under a perpetual inventory system.

---

Definitions:

Contingency Loss

A potential financial loss that may occur in the future due to uncertain events or conditions.

Debt Principal

Debt Principal is the original amount of money borrowed in a loan, excluding any interest or fees.

Interest Payment

The amount paid by a borrower to a lender as compensation for the use of borrowed money.

Cash Equivalent

Short-term, highly liquid investments that are readily convertible to known amounts of cash and are subject to insignificant risk of changes in value.