The Graph Below Shows a System of Equations

question 72

Multiple Choice

The graph below shows a system of equations. How many solutions exist for this system?

• A) 3
• B) 0
• C) 4
• D) 2
• E) 1

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Definitions:

Liabilities

Financial obligations or debts that a company owes to others, payable in money, goods, or services.

Owner's Equity

Represents the owner’s claims on the assets of a business, calculated as the business’s total assets minus its total liabilities.

Accounting Equation

The fundamental equation of double-entry bookkeeping, reflecting that assets equal liabilities plus owner's equity.

Owner's Equity

Owner's equity represents the owner's stakes or claims against the assets of a business, equal to the total assets minus total liabilities.