He had $5,000,000 in CD sales; $3,300,000 in video sales; and he earned $1,245,000 in royalties.
1,000,000 CDs * $5 each = $5,000,000
550,000 videos * $6 each = $3,300,000
Total sales = 5,000,000+3,300,000 = 8,300,000
15% royalties = 0.15(8,300,000) = 1,245,000
<u>ANSWER</u>
is an example of literal equation.
<u>EXPLANATION</u>
A literal equation is an equation in which letters or variables are used to represent real values.
A literal equation consists of at least two letters or variables.
The first option consists of two variables but it is not an equation. It is just an expression.
The second option is not a literal equation because it consists of only one variable. This is just a linear equation in one variable. But a literal equation should have at least two variables or letters.
As for the third option, it does not even contain a variable or letter.
Answer: VIICCCXLVII
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If I am reading this right, it looks like the 10, 3, 2, 1 are Adjustments and the Adjusted TB should equal the difference. Make sure you know how to add and subtract the debit and credit adjustments correctly.
TB +/- Adj = ATB