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Find y if the line through the points (8, 12) and (4, y ) has a slope of .
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Short for Generally Accepted Accounting Principles, a set of rules and standards designed to ensure consistency in financial reporting.
IFRS
International Financial Reporting Standards – a set of accounting standards developed by the International Accounting Standards Board (IASB) guiding the financial reporting of companies.
GAAP
Generally Accepted Accounting Principles, a set of rules and standards used for financial reporting and accounting in the U.S. to ensure consistency and transparency.
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