The Linear Equation Y=443 X+3420 Provides an Approximation

question 116

Multiple Choice

The linear equation y=443 x+3420 provides an approximation of the annual cost (in dollars) of health insurance for a family of three, where x=1 represents 2011, x=2 represents 2012, and so on. Write an equation that yields the same y -values when the exact year number is entered.

• A) y=443(2010-x)+3420
• B) y=443(x-2011)+3420
• C) y=443(x-2010)+3420
• D) y=443(2011-x)+3420

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Definitions:

Tax Management

The process of analyzing financial situations or decisions from a tax perspective with the aim to minimize tax liability.

Financial Accounting

Financial accounting refers to the process of recording, summarizing, and reporting the myriad of transactions resulting from business operations over a period of time. These transactions are summarized in the preparation of financial statements, including the balance sheet, income statement, and cash flow statement, that record the company's operating performance over a specific period.

Financial Management

The strategic planning, organizing, directing, and controlling of financial undertakings in an organization or an institute.

Share Outstanding

The total number of shares of a corporation's stock that are currently owned by all shareholders, including share blocks held by institutional investors and restricted shares.