Find the Point of Intersection of the Pair of Straight

question 65

Multiple Choice

Find the point of intersection of the pair of straight lines. 2x 8y 11 7x 3y -23

---

Definitions:

Residual Income

Earnings generated beyond the minimum rate of return expected by a company or its investors, often used as a performance measure.

Gross Margin

The difference between sales revenue and the cost of goods sold, expressed as a percentage.

Average Operating Assets

The average value of assets used in the company's operations, calculated over a specific period to assess asset utilization efficiency.

Net Operating Income

The profit generated from a business's normal core operations, excluding deductions of taxes and interest costs.