Graph the Scatter Plot of the Data $S ( x ) = 50 x + 300$

question 209

Multiple Choice

Graph the scatter plot of the data.
-Suppose the sales of a particular brand of appliance are modeled by the linear function $S ( x ) = 50 x + 300$ , where $S ( x )$ represents the number of sales in year $x$ , with $x = 0$ corresponding to 2002 . Use this model to predict the number of sales in 2017 .

• A) 2050 sales
• B) 2100 sales
• C) 1050 sales
• D) 1000 sales

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Definitions:

Incurred Costs

Expenses that have been realized or consumed in the operations of a business, typically reflected through the charging of expenses.

Intangible Assets

Assets that lack physical substance but possess economic value, such as intellectual property, goodwill, and trademarks.

Financial Accounting

The field of accounting that focuses on recording, summarizing, and reporting the myriad of transactions resulting from business operations over a period of time.

Goodwill

An intangible asset that represents the excess value of a purchased company over the fair value of its identifiable net assets.