Interpret the Linear Equation

question 184

Multiple Choice

Interpret the linear equation.
-The amount of water in a leaky bucket is given by the linear function y = 120 - 11x, where y is in ounces and x is in minutes. Find and interpret the slope and y-intercept of the linear equation.

• A) m = 120; The amount of water in the bucket increases 120 ounces every minute. b = 11; At x = 0, the amount of water in the bucket was 11 ounces.
• B) m = 120; The amount of water in the bucket decreases 120 ounces every minute. b = 11; At x = 0, the amount of water in the bucket was 11 ounces.
• C) m = -11; The amount of water in the bucket decreases 11 ounces every minute. b = 120; At x = 0, the amount of water in the bucket was 120 ounces.
• D) m = 11; The amount of water in the bucket increases 11 ounces every minute. b = 120; At x = 0 the amount of water in the bucket was 120 ounces.

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Definitions:

Cash Flows

The aggregate monetary transactions entering and leaving a corporation, chiefly influencing its cash flow.

Consolidated Cost Of Goods Sold

The total cost of goods sold by a combined entity, including all subsidiaries, after eliminating intercompany transactions.

Noncontrolling Interest

A stake in a corporation where the shareholder owns less than a majority of the company's shares, without significant control over its strategic decisions.

Equity Method

An accounting technique used by a company to record its investment in another company when it has significant influence but not full control.