So let's look at first what slope-intercept form is. Slope intercept form is actually y equals mx plus b. The reason why it is called slope intercept form is because it gives a slope and an intercept.
Straight line method spreads an asset's cost evenly over its life, aiding in clear financial planning. Using this method simplifies financial statements, making a company's health easier to assess.
Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Amy is an ACA and the CEO and founder ...
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