If You Could Exactly Afford Either 4 Units of X

question 26

Multiple Choice

if you could exactly afford either 4 units of x and 27 units of y, or 9 units of x and 7 units of y, then if you spent all of your income on y, how many units of y could you buy?

• A)23
• B)63
• C)43
• D)13
• E)None of the above.

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Definitions:

Times Interest Earned

A financial ratio that measures the ability of a company to meet its debt obligations based on its current income.

Times Interest Earned

A financial ratio that measures a company's ability to meet its debt obligations based on its income before interest and taxes.