Write an Equation for the Linear Function and Use It $p = 10,171 \mathrm { t } - 1146 ; \$ 40,555.10$

question 68

Multiple Choice

Write an equation for the linear function and use it to answer the given question.
-The price of a particular model car is $10,171 today and rises with time at a constant rate of $1146 per year. How much will a new car cost in 4.1 years?

• A) \(p = 10,171 \mathrm { t } - 1146 ; \$ 40,555.10\)
• B) \(p = 10,171 + 1146 \mathrm { t }\); \(\$ 14,869.60\)
• C) \(p = 10,171 - 1146 \mathrm { t }\); \$5472.40
• D) \(p = 1146 + 10,171 \mathrm { t } ; \$ 42,847.10\)

Grasp the accounting treatments for contributed capital, including premiums and discounts.

Understand how share-based compensation is accounted for and the differences between GAAP and IFRS approaches.

Recognize the legal and financial aspects of corporate reserves and restrictions on dividends and retained earnings.

Analyze the financial effects of stock splits and treasury stock transactions on a company's financial statements.

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Definitions:

Cost Effective

An economic measure that indicates whether the cost of an action or decision is justified by its benefits, aiming for an optimal outcome with minimal expenses.

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