You Have a Job on an Assembly Line for Which $0.50 x - ( 12 ) = 144$

question 35

Multiple Choice

You have a job on an assembly line for which you are paid $12 per hour plus $0.50 per unit assembled. Write an algebraic model to find the number of units produced in an eight-hour day if your earnings for the day are $144 and then solve the resulting algebraic equation. Round your solution to the nearest integer.

• A)equation: \(0.50 x - ( 12 ) = 144\) solution: 240
• B)equation: \(0.50 x - 8 ( 12 ) = 144\) solution: 1
• C)equation: \(8 ( 12 ) + x = 144\) solution: 48
• D)equation: \(8 ( 12 ) + 0.50 x = 144\) solution: 96
• E)equation: \(x - 8 ( 12 ) = 144\) solution: \(9\)

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Definitions:

Accounts Receivable Turnover

A financial ratio that measures how efficiently a company collects revenue owed by its customers over a period.

Management Assessment

An evaluation process where management reviews financial and operational performance, often for strategic decision-making.

Interest

The cost of borrowing money, expressed as a percentage of the amount borrowed, paid by the borrower to the lender.

Note Receivable

A financial asset representing a written promise for a debtor to pay a certain amount of money to the holder of the note on a specific date or on demand.