Use the Given Conditions to Write an Equation for the Line

question 92

Multiple Choice

Use the given conditions to write an equation for the line in slope-intercept form.
-Slope $= \frac { 4 } { 7 } , \mathrm { y }$ -intercept $= 2$

• A) \(f ( x ) = \frac { 7 } { 4 } x + \frac { 7 } { 2 }\)
• B) \(f ( x ) = \frac { 4 } { 7 } x - 2\)
• C) \(f ( x ) = \frac { 4 } { 7 } x + 2\)
• D) \(f ( x ) = - \frac { 4 } { 7 } x - 2\)

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Sales Commission

A payment made to sales personnel, often calculated as a percentage of the sales they generate.

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Net income after accounting for all taxes, representing the company's profit remaining after tax expenses.

High-Low Method

A technique used in cost accounting to estimate variable and fixed costs based on the highest and lowest levels of activity.