Write the Equation

question 19

Multiple Choice

Write the equation. Let x be the unknown number. Eight is three more than two times a number.

Definitions:

Liabilities

Financial obligations or debts owed by a company to creditors, typically classified as either current or long-term.

Contingent Liability

A potential obligation that may be incurred depending on the outcome of a future event or set of circumstances.

Net Income

The net income of a business once all deductions including expenses, taxes, and other costs are taken from the total earnings.

Inventory

The total amount of goods and materials held by a business for the purpose of resale or production.