Examlex

Solved

Calculate the Slope of the Straight Line Through the Points (1,0)( - 1,0 )

question 153

Short Answer

Calculate the slope of the straight line through the points (1,0)( - 1,0 ) and (1314,17)\left( - \frac { 13 } { 14 } , \frac { 1 } { 7 } \right) . Try to do the calculations mentally.


Definitions:

After-Tax Profit

The profit a company has left after paying all its taxes.

Tax Rate

The proportion of income that the government taxes an individual or business.

Profit and Loss Statement

A financial statement that summarizes revenues, costs, and expenses incurred during a specific period, usually a fiscal quarter or year.

Total Contribution Margin

The difference between total sales revenue and total variable costs, indicating how much revenue is available to cover fixed costs and generate profit.

Related Questions