The Slope of a Line Is Defined as the

question 6

Multiple Choice

The slope of a line is defined as the

• A)change in the value of the variable on the vertical axis divided by the change in the value of the variable on the horizontal axis
• B)value of the variable on the horizontal axis divided by the value of the intercept on the vertical axis
• C)change in the value of the variable on the horizontal axis divided by the increase in the value of the variable on the vertical axis
• D)value of the variable on the vertical axis divided by the value of the variable on the horizontal axis
• E)change in the value of the variable on the vertical axis times the increase in the value of the variable on the horizontal axis

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Definitions:

Cost of Goods Sold

Costs directly related to creating products that a company offers for sale.

Net Income

The amount of earnings left over after all expenses have been deducted from revenue, indicating the financial profitability of a business.

Gross Profit Method

A technique to estimate the inventory's value by deducting the cost of goods sold from the total sales revenue.