2.4 x 0.87 help help help
2 answers:
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Answer: <em><u>C. the base period amount.</u></em>
<u><em>Explanation: </em></u>While implementing a horizontal analysis on a given income statement, we compute a percentage change in any individual item by dividing the dollar amount of change from base to current time period with <u><em>the base period amount.</em></u>
i.e. % Change in Individual item =
<u><em>Therefore, the correct option in this case is (c)</em></u>
Let's start by tidying up that equation and put it into slope-intercept form (y = mx + b); from there, we can plug in coordinates.
Let's use the distributive property on the right side:
Now add 4 to both sides
Which simplifies to:
Since that's the equation of our line, now we can plug in coordinates and see what it churns out.
We know that the x-coordinate of P = 4 so let's substitute 4 in for x and calculate the y-coordinate:
So the y-coordinate for point P = 10
Let's use the distributive property on the right side:
Now add 4 to both sides
Which simplifies to:
Since that's the equation of our line, now we can plug in coordinates and see what it churns out.
We know that the x-coordinate of P = 4 so let's substitute 4 in for x and calculate the y-coordinate:
So the y-coordinate for point P = 10