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To Determine the Slope of the Variable Cost from a Scatter

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To determine the slope of the variable cost from a scatter diagram, divide the change in volume by the change in cost.


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Financial Statements

Financial statements are formal records of the financial activities and position of a business, person, or other entity, including the balance sheet, income statement, and statement of cash flows.

Canada Revenue Agency

The federal agency responsible for the administration of tax laws for the Government of Canada and for most provinces and territories.

Tax Laws

Legislation that determines how much individuals and businesses must pay the government from their income and financial transactions.

Dividends

Payments made by a corporation to its shareholder members, representing a portion of the corporation's earnings.

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