-The Slope of the Line Shown in the Above Figure

question 114

Multiple Choice

-The slope of the line shown in the above figure is

• A) -1 1/3.
• B) -1 2/3.
• C) -1.25.
• D) -0.80.
• E) 5.

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Definitions:

Original Cost

The initial price paid to acquire an asset or service, not accounting for depreciation or adjustments.

Book Value

The residual amount that represents a company's assets minus its liabilities.

Accumulated Depreciation

The aggregate depreciation recorded on a fixed asset since its commencement of use.

Supplies Expense

The cost incurred from consuming supplies that are used during the operation of a business, often classified as an expense on the income statement.