-Graphing the Data in the Above Table with the Number

question 19

Multiple Choice

-Graphing the data in the above table with the number of workers on the horizontal axis and the average cost on the vertical axis, the graph would show

• A) first a negative and then a positive relationship.
• B) a horizontal line.
• C) no relationship.
• D) a linear relationship.

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Definitions:

Equipment Account

An account on the balance sheet representing the cost of equipment owned by a company, less any accumulated depreciation.

Voting Stock

Shares that give the holder the right to vote on company matters.

Book Value

The remaining value of a corporation's assets after subtracting its debts, as noted in the balance sheet.

Equity Method

An accounting technique used for recording investments in associate companies, where the investment is initially recorded at cost and adjusted thereafter for the post-acquisition change in the investor's share of the investee's net assets.