The Y-Intercept of Y = 3X + 8 Is

question 27

Multiple Choice

The Y-intercept of Y = 3X + 8 is

• A) 3/8.
• B) 3.
• C) 8.
• D) −8/3.

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Definitions:

Accruals

Accounting method that records revenues and expenses when they are incurred, regardless of when cash transactions occur.

Inventory

The merchandise or goods a company holds for sale to customers in the ordinary course of business.

Debt Management Ratio

A financial ratio that measures the degree to which a firm uses borrowed funds, aiding in assessing its financial leverage and ability to meet debt obligations.

Fixed Charge Coverage

A financial ratio that measures a company's ability to cover its fixed charges, such as interest and leases, with its earnings before interest, taxes, depreciation, and amortization (EBITDA).