If the Equation Y = -10 + 2

question 172

Multiple Choice

If the equation y = -10 + 2.5x was plotted

• A)the vertical intercept would be -10.
• B)the slope would be +2.5.
• C)it would graph as an upsloping line.
• D)all of the above would be true.

Understand the calculation and recognition of goodwill in business combinations.

Grasp the concepts and accounting treatment of intangible assets in acquisitions.

Comprehend the process and principles behind the preparation of Consolidated Financial Statements.

Understand the shareholder's equity adjustments in business combinations and consolidated balance sheets.