Solve the Problem. -Persons Taking a 30-Hour Review Course to Prepare for a Prepare

question 74

Multiple Choice

Solve the problem.
-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 808. Find a linear equation which fits this data, and
Which relates score to review time. Use this equation to predict an average score for persons taking a 57-hour
Review course. Round your answer to the tenths place.

• A) 751.1
• B) 739.6
• C) 746.9
• D) 760.9

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Definitions:

Comprehensive Income

The total change in equity for a reporting period other than from transactions with owners, including all revenues, gains, expenses, and losses.

Equity

The value of an owner's interest in a property or business, determined by subtracting liabilities from assets.

Trading Securities

Marketable securities held by a firm with the intent of short-term trading for profit, which are classified as current assets on the balance sheet.

Accounting Principles

The foundational concepts and guidelines that govern the field of accounting, such as revenue recognition, matching principle, and full disclosure.