Write the Equation of the Line Using the Information Given $- \frac { 8 } { 5 } , \mathrm { y }$

question 23

Multiple Choice

Write the equation of the line using the information given about its graph.
-Slope $- \frac { 8 } { 5 } , \mathrm { y }$ -intercept $\frac { 36 } { 5 }$

• A) \(y = - \frac { 8 } { 5 } x + \frac { 36 } { 5 }\)
• B) \(y = \frac { 8 } { 5 } x + \frac { 36 } { 5 }\)
• C) \(y = - \frac { 8 } { 5 } x - \frac { 36 } { 5 }\)
• D) \(y = \frac { 8 } { 5 } x - \frac { 36 } { 5 }\)

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Definitions:

Taxable Income

The amount of income that is subject to tax, after accounting for deductions and exemptions.

FMV

Fair Market Value; an estimate of the market value of a property, based on what a knowledgeable, willing, and unpressured buyer would likely pay to a knowledgeable, willing, and unpressured seller.

Schedule M-1

A tax form used by corporations to reconcile income reported on the company's financial statements with the income reported on the tax return.

Book Income

The income or profit reported by a company in its financial statements before adjustments for taxes, as per accounting rules, different from taxable income.