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Create the required linear function an use it to answer the question.
-Persons taking a 30-hour review course to prepare for a standardized exam average a score of 620 on that exam. Persons taking a 70-hour review course average a score of 780. Based on these two
Data points, create a linear equation for the function that describes how score varies as a function of
Time. Use this function to predict an average score for persons taking a 43-hour review course.
Round your answer to the tenths place.
Sales Refund Payable
Obligations to return funds received from customers due to returns or refunds of products or services.
Sales Returns
Transactions in which customers return previously purchased merchandise for a refund, store credit, or exchange.
Merchandise Inventory
Goods that a company owns and intends to sell as part of its regular business operations, usually in the retail sector.
Income Statement
A financial statement that shows a company’s revenues and expenses over a specific period, highlighting net profit or loss.
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