The x-intercept of -2 gives us an idea that point (-2,0) if found along the line. The y-intercept of -1, tells us that point (0,-1), this also tells us that b = -1.
Now that we have two points, we can solve for slope m

Now that we have both m and b. Substitute these values to the slope intercept form
The amount of stockholders’ equity as of August 31 of the current year is $26400.
<h3>How to calculate the equity?</h3>
The owner's equity will be:
= Cash + Supplies + Equipment - Account payable
= 27900 + 900 + 8500 - 7300
= 26400
Therefore, the amount of stockholders’ equity as of August 31 of the current year is
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12,740 - 200= 12,540 Ft above sea level
Answer:
$240
Explanation:
12 × 8 = 96 _________ area in square feet
96 × 2.50 = 240 _________ in dollars