On a Coordinate Graph with Y on the Vertical Axis

question 35

Multiple Choice

On a coordinate graph with y on the vertical axis and x on the horizontal axis,suppose that two points on a straight line are (X = 4,Y = 5) ,and (X = 2,Y = 1) .The slope of this line is

• A)-2.
• B)- .
• C) .
• D) .
• E)2.

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Definitions:

Accounts Receivable

Outstanding amounts due to a firm from customers for goods or services already delivered.

Cost of Goods Sold

Costs directly associated with the manufacturing of products that a business sells.

Collection Period

The standard timeframe for a corporation to collect receivables from its clientele.

Receivables Period

is the average number of days it takes for a business to collect payments from its customers after a sale has been made, indicating the efficiency of its credit and collection policies.