Certainly! Let's break down the steps to solve this problem:
1. **Grouping the Terms:**
- Group 1: (xy + 5y)
- Group 2: (2x + 10)
2. **Factoring Out:**
- Group 1: y(x + 5)
- Group 2: 2(x + 5)
3. **Finding the Common Factor:**
- The common factor in both terms is (x + 5).
4. **Using the Distributive Property:**
- Factoring out the common factor (x + 5), we get:
(x + 5)(y + 2)
Therefore, the equivalent algebraic expression factored as a product of two binomials is (x + 5)(y + 2).