Use the Intercept Form to Find the Equation of the Line

question 89

Multiple Choice

Use the intercept form to find the equation of the line with the given intercepts.The intercept form of the equation of a line with intercepts (a, 0) and (0, b) is ​
​ ​
X-intercept: y-intercept: ​
​

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Definitions:

Sales Returns

Transactions in which customers return previously purchased merchandise, leading to a refund.

Operating Expenses

Costs associated with the day-to-day operations of a business, such as rent, utilities, and salaries, excluding direct production costs.

Perpetual Inventory System

An inventory accounting system that employs computerized point-of-sale systems and enterprise asset management software to instantly register the purchase or sale of inventory items.

Gross Method

A method of recording purchases at the gross invoice amount before any discounts are applied.