nother similar question, reattempt last question below, or select another question. Start of Questions A company makes greeting cards and their research shows that that price and demand are related linearly: p = m x + b . They know that for every additional card they wish to sell they need to drop the price by $0.05. They also know that in order to sell 320 cards they need to set the price at $7. Find the linear equation relating price to demand.

p = (-0.05)x + 23

Explanation:

The linear equation relating price to demand. can be calculated by finding the value of b first and then putting the value of b in the equation

Data

Equation: p = m x + b

m = -0.05

x = 320

p = $7

Solution

p = m x + b

7 = (-0.05 x320)+b

7 = -16 + b

7+16 = b

b = 23

So the linear equation relating price to demand after putting the value of b will be

Equation: p = (-0.05)x + 23

both are integral parts of a corporate balance sheet. the cash flow statement, or statement of cash flows, measures the sources of a company's cash and its uses of cash over a specific time period. the income statement measures a company's financial performance, such as revenues, expenses, profits or losses over a specific time period (in fact, it's sometimes called a statement of financial performance).

a cash flow statement shows exactly how much money a company has received and how much it has spent, traditionally over a period of one month. it captures the current operating results and changes on the balance sheet, such as increases or decreases in accounts receivable or accounts payable, and does not include noncash accounting items such as depreciation and amortization. the cash flow generally comes from revenue received as a result of business activity, but it may be augmented by funds available as a result of credit. a cash flow statement is used to determine the short-term viability and liquidity of a company, specifically how well it is positioned to pay its bills and vendors.