Solve
Hat
-The Average Value of a Certain Type of Automobile

question 208

Multiple Choice

Solve.
hat
-The average value of a certain type of automobile was $\$ 13,800$ in 1993 and depreciated to $\$ 8160$ i be the average value of the automobile in the year $x$ , where $x = 0$ represents 1993 . Write a linear models the value of the automobile in terms of the year $\mathrm { x }$ .

• A) \(y = - 1880 x + 8160\)
• B) \(y = - 1880 x + 13,800\)
• C) \(y = - 1880 x + 2520\)
• D) \(y = - \frac { 1 } { 1880 } x - 8160\) in 1996. Let y

---

Definitions:

Merchandise Inventories

Goods that a company holds for the purpose of sale in the ordinary course of business, including finished products, work in progress, and raw materials.

Cost of Goods Sold

The direct costs attributable to the production of the goods sold by a company, including material and labor expenses.

Monthly Expenses

Recurring costs or outlays that occur every month, such as rent, utilities, payroll, and other operational charges.

Master Budget

A comprehensive financial plan that includes both operational and financial budgets, representing a company’s overall plan of action for a future period.