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ACCT 4104 ADVANCED FINANCIAL ACCOUNTING STUDY NOTES VERIFIED TO PASS

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ACCT 4104 ADVANCED FINANCIAL ACCOUNTING STUDY NOTES VERIFIED TO PASS

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5/25/23, 10:16 Week 3
PM Quiz




Week 3 BACK TO OVERVIEW



Quiz

Attempts

Attempt 2: 64% (16/25 points), …




Questions to show:


All (25)



QUESTION 1 · 0/1 POINTS


Find the equation of a line that contains the points (1, 8) and (8,

−6) . (Write the equation in slope-intercept form.)


That's not right.




y = 2x + 10




Answer Explanation

Correct answers:

y = −2x + 10



Since we have two points, we will find the equation of the line using point-slope form.
The first step will be to find the slope. Recall that the slope of the line through the
https://nightingale.instructure.com/courses/3430680/assignments/ 1/44
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,5/25/23, 10:16 Week 3
PM points (x1, y1) and (x2, y2) is given by Quiz




https://nightingale.instructure.com/courses/3430680/assignments/ 2/44
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,5/25/23, 10:16 Week 3
PM Quiz
m = y2 − y1 .
x2 − x1

Substituting the given points into this formula gives

m = −6 − (8)
8 − (1)
m = −14
7
m = −2.

Now that we have the slope m = −2 of the line and a point (x1, y1) = (1, 8) on the line, we can substitute
these values into the point-slope form of a line, y
− y1 = m(x − x1). The slope is

Slope:m = −2.
The point given is

Point:(1, 8).

Substituting these values into y − y1 = m(x − x1)and rewriting the resulting equation in point-slope form
gives


y − (8) = −2(x − (1)) y − 8 = −2x + 2
y = −2x + 10.


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Content attribution




QUESTION 2 · 0/1 POINTS

4
Graph the line with a y-intercept of (0, 3) whose slope is m = .
3

That's not right.




https://nightingale.instructure.com/courses/3430680/assignments/ 3/44
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, 5/25/23, 10:16 Week 3
PM Quiz

y

7


6


5


4


3


2


1
x

−7 −6 −5 −4 −3 −2 −1 0 1 2 3 4 5 6 7

−1


−2


−3


−4


−5


−6


−7




Answer Explanation
Start by plotting the point (0, 3) .




Use the slope formula m=
rise to identify the rise and the run.

run


https://nightingale.instructure.com/courses/3430680/assignments/ 4/44
35291226

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