Yes, that's correct. Then $\rm\ mod\ 73\!:\, \ 38 x \equiv 20\:\Rightarrow\: x\equiv \dfrac{20}{38}\equiv \dfrac{40}{76}\equiv\dfrac{40}3\equiv\dfrac{-33}{3}\equiv -11 $
Beware $\ $ One can employ fractions $\rm\ x\equiv b/a\ $ in modular arithmetic (as above) only when the fractions have denominator $ $ coprime $ $ to the modulus $ $ (else the fraction may not uniquely exist, $ $ i.e. the equation $\rm\: ax\equiv b\,\ (mod\ m)\:$ might have no solutions, or more than one solution). The reason why such fraction arithmetic works here (and in analogous contexts) will become clearer when one learns about the universal properties of fraction rings (localizations).
The above is a special case of Gauss's algorithm for computing inverses $\rm\:mod\ p\:$ prime.