The required target debt/equity ratio is 0.5 or 1:2.
To calculate the target debt/equity ratio,
Use the following formula,
⇒ Target D/E Ratio = (Target Equity / Target Debt)
First, we need to calculate the weights of equity and debt in the firm's capital structure.
We can use the following formula,
Weight of Equity = Equity / (Equity + Debt)
Weight of Debt = Debt / (Equity + Debt)
Since the firm is unlevered,
its capital structure consists only of equity.
Therefore,
The weight of equity is 1 and the weight of debt is 0.
Now we can use the weighted average cost of capital (WACC) formula to find the firm's current cost of equity.
The WACC formula is as follows,
WACC = (Weight of Equity Cost of Equity)
+ (Weight of Debt Cost of Debt x (1 - Tax Rate))
Substituting the given values, we get:
⇒ 10% = (1 Cost of Equity) + (0 9% x (1 - 34%))
Solving for Cost of Equity, we get:
Cost of Equity = 10% - (0 9% (1 - 34%))
Cost of Equity = 10%
Since the firm desires a cost of equity of 14%,
we can set up an equation to solve for the target debt/equity ratio:
⇒ 14% = (1 / (1 + Target D/E Ratio)) 10% + ((Target D/E Ratio) / (1 + Target D/E Ratio)) 9% x (1 - 34%)
Simplifying the equation, we get:
⇒ 14% = 10% / (1 + Target D/E Ratio) + 0.0594 x Target D/E Ratio
Multiplying both sides by (1 + Target D/E Ratio), we get:
⇒ 0.14 + 0.14 Target D/E Ratio = 0.1 + 0.0594 Target D/E Ratio
Subtracting 0.0594 x Target D/E Ratio from both sides, we get:
⇒ 0.08 x Target D/E Ratio = 0.04
Dividing both sides by 0.08, we get:
⇒ Target D/E Ratio = 0.5
Therefore, the firm's target debt/equity ratio is 0.5 or 1:2.
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The diameter of the ball bearings varies according to a distribution that is approximately Normal
with mean 11.5 mm and standard deviation 0.05 mm. Two ball bearings are randomly selected. Find the probability that the difference in the diameters of the two ball bearings is less than 0.06 mm.
Tthe probability that the difference in the diameters of the two ball bearings is less than 0.06 mm is 0.0478
How to determine the probability?From the question, we have the following parameters that can be used in our computation:
Mean = 11.5
Standard deviation = 0.05
Let the diameters be X and Y
So, we have
P(|X - Y| < 0.06)
Using this information, we have
P(|X - Y| < 0.06) = P( -0.06 < X - Y < 0.06)
= P(X - Y < 0.06) - P(X - Y < -0.06)
= 0.0478
Hence, the probability is 0.0478
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2. The graph of the basic quartic function m(x) = x is shown. a. The function h(x) = 3x - 6)" is a transformation of m(x). Complete the table. Reference Corresponding Points on m(x) Points on h(x) (-2, 16) (-1,1) (0,0) (1,1) (2.16) b. Graph the function h(x) = (x - 6)* on the same coordinate plane as mix). c. Is the function h(x) even, odd, or neither? Explain your reasoning.
1. The complete table is shown below.
2. The graph is attached below.
3. the function h(x) is an odd function.
What is Transformation?A point, line, or geometric figure can be transformed in one of four ways, each of which affects the shape and/or location of the object. Pre-Image refers to the object's initial shape, and Image, after transformation, refers to the object's ultimate shape and location.
Given:
m(x)=[tex]x^4[/tex]
and, h(x)= [tex]1/4 (x-6)^4[/tex]
So, the -6' in the h(x) there is Horizontal transformation on right side by 6 units, i.e., (x, y)--->(x +6, y)
and, 1/4 in h(x) shows there is Vertical stretch in h(x).
So, (x, y)--->(x, y/4)
Now, Points on m(x) points on h(x)
(x, y) (x+6, y/4)
(-2, 16) (4, 4)
(-1, 1) (5, 1/4)
(0, 0) (6, 4)
(2, 16) (8, 4)
2. The graph is attached below.
3. Replace h(x) by h(-x) we get
h(-x) = [tex]1/4 (x-6)^4[/tex]
h(-x) = [tex]1/4 (-x-6)^4[/tex] will give an odd function.
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1
1
the graph.
a. y = 3x - 2
b. y = 3x-2
c. y = 3x+2
d. y = 3x + 2
e. y = ( )* - 2
Answer:
e
Step-by-step explanation:
A map of a rectangular park has a length of 4 inches and a width of 6 inches. It uses a scale of 1 inch for every 30 miles.
What is the actual area of the park? Show how you know.
The map needs to be reproduced at a different scale so that it has an area of 6 square inches and can fit in a brochure. At what scale should the map be reproduced so that it fits on the brochure? Show your reasoning.
Answer:
Step-by-step explanation:
L = 4 in real life = 4*30 =120 miles
W=6 in real life =6*30=180 miles
actual area = 120*180 = 21600sq miles
to fit into a 6sq in paper it'll need to shrink to 2x3 inches, 1/2 of what it was before, so the scale becomes 1" for every 60miles.
How do I solve this?
We can compute the integral of the velocity function's absolute value. In other words, the area under the velocity function's curve's absolute value equals the distance a particle travels.
Steps for Finding Total Distance Traveled by a Particle Over an Interval of Time During Which the Particle is in Rectilinear Motion by Using the Definite Integral of Speed Over the IntervalStep 1 Determine the moving particle's velocity function as a first step.Step 2 Determine the time period in step two.Step 3: Integrate the absolute value of the velocity function throughout the interval to determine the total distance travelled.Step 4 Find the intervals where the velocity function is negative in order to solve the integral in step four. Subdivide the time interval you determined in step 2 now.Step 5: Rewrite the integral from step 3 using the subintervals from step 4 and the additive interval property of integrals. When the absolute value signs are eliminated,Step 6 :If the velocity function is negative over the specified interval, multiply it by 1; if it is positive over the specified interval, leave the velocity function alone.
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1.
[x+2y=7
3x-2y=-3
How do you do it?
The value of x is 1 and the value of y is 3, this can be obtained using the substitution method.
What is substitution method?The algebraic technique for resolving multiple linear equations at once is called the substitution method. As the name implies, this method involves substituting a variable's value from one equation into another.
The given equations are:
x + 2y = 7 and 3x -2y = -3
In the given equation x + 2y = 7 isolate the value of x:
x = 7 - 2y
Substitute the value of x in 3x -2y = -3:
3( 7 - 2y) - 2y = -3
21 - 6y - 2y = -3
21 + 3 = 8y
24 = 8y
y = 3
Substitute the value of y in equation to find the value of x:
x + 2(3) = 7
x + 6 = 7
x = 1
Hence, the value of x is 1 and the value of y is 3.
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Every day your heart creates enough energy to drive a truck for 32 kilometers. If you combined the energy created all the students in your math class for a week, how many meters could the truck drive?
PLEASE WRITE IN FULL SENTENCE AND SHOW FULL SHOW!!!
If we assume that each student's heart creates the same amount of energy as a single person, the energy created would be enough to drive the truck for 192000 meters.
How to do the calculations?If we assume that each student's heart creates the same amount of energy as a single person, we can estimate the total amount of energy created by the class.
If one person's heart creates enough energy to drive a truck for 32 kilometers,
Then six people's hearts would create enough energy to drive the truck for 32 x 6 = 192 kilometers.
In meters, it would be 192 x 1000 = 192000 meters.
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Every day your heart creates enough energy to drive a truck for 32 kilometers. If you combined the energy that is created by all the students in your math class for a week, how many meters could the truck drive?
Number of students is 6
Lara puts pictures of the same size on each page in a scrapbook.
. She has 48 large pictures, and each page can fit 3 large pictures.
. She has 24 small pictures, and each page can fit 6 small pictures.
Which equation shows how to find p, the greatest number of pages Lara can fill in the scrapbook?
OA. 48 24+6÷3=p
OB. 48-6 +24÷3=p
OC. 48 x 3 + 24 x 6=p
OD.
48+3+24+6=p
Reset
Next
Answer:
d
Step-by-step explanation:
I think the a answer is d
Figure R was rotated about the center shown by 180 Degrees.
Which figure is the image of R?
The rotation of figure R about its center will produce the image of R as given in option C.
Rotation of solid figures.Rotation is a type of rigid transformation which involves turning a given figure or object at a an angle about a reference point to produce an image. This process can be used to explain the question given.
Some other types of rigid transformation are; dilation, translation, reflection.
Dilation implies either increasing or decreasing the dimensions of a given object.Translation requires moving a given object in a specific direction and units. Reflection involves turning a given object about a reference point or line.All these have their distinct procedures and would be applied as expected or stated in the question.
When figure R is rotated about the center at 180 degrees, it would produce an image of R as shown in option C.
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what is the distance between points A and B ?
Answer:[tex]\sqrt{61}[/tex]
Step-by-step explanation:
Using the Pythagorean theorem,
[tex]\sqrt{5^{2} +6^{2} } =\sqrt{25+36}=\sqrt{61}[/tex]
The distance between A and B = [tex]\sqrt{61}[/tex]
(PLEASE HELP)The graph of F(x), shown below, resembles the graph of G(x)=x^2, but it has changed somewhat. Which of the following could be the equation of F(x)?
By analyzing the graph, we can see that the transformed function, F(x), is the one in option D.
F(x) = 2*x^2 + 3
Which of the following could be the equation of F(x)?On the graph, we can see the graphs of both equations, F(x) and G(x), where G(x) = x^2
First, we can see that the vertex of the quadratic of F(x) is at the point (0, 3).
So first we have a translation of 3 units upwards, we also can see that the parabola of F(x) is narrower (horizontally) than the one of G(x), then we must have a scale factor larger than 1 multiplying the function.
Then we have something like:
F(x) = k*G(x) + 3 = k*x^2 + 3
Where k > 1.
The only option that has this form is option D.
F(x) = 2*x^2 + 3
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tarren estimates that the product of 10 and 4 is about 120. Is his answer reasonable?
No, His answer is not reasonable.
What is Multiplication?To multiply means to add a number to itself a particular number of times. Multiplication can be viewed as a process of repeated addition.
Given that;
Tarren estimates that the product of 10 and 4 is about 120.
Now, We know that;
The product of 10 and 4 is,
⇒ 10 × 4 = 40
Thus, His answer is not reasonable.
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A person invested $230 in an account growing at a rate allowing the money to double
every 7 years. How long, to the nearest tenth of a year would it take for the value of
the account to reach $390?
It would take 28.6 years for the value of the account to reach $390.
The equation reads A(t) = Ao (2) Where
A(t) = 3902, Ao = 230, and t =?, k = 7 years
Hence, 3902 = 230 × (2)
^t/7
We divide 230 on both sides (3902/230 = 230) (2)
^t/7/230
16.965217391 = (2) (2)
^t/7
Calculate the ln of both sides:
16.965217391 = ln (2)t/7
ln 16.965217391 = t/7 ln (2) (2)
In 16.965217391/ln 2 = t/7
t = 4.0874628413× 7
t = 28.612239889 years
Approximately = 28.6 years
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Line JK passes through points J(–4, –5) and K(–6, 3). If the equation of the line is written in slope-intercept form, y = mx + b, what is the value of b?
–21
–4
11
27
The value of b in the Line JK passes through points J(–4, –5) and K(–6, 3) is
b = –21
How to find the value of bThe graph of linear functions is a straight line graph and the relationship is expressed in the form.
y = mx + c
definition of variable to suit the problem
y = output variable
m = slope
x = input variable
c = y intercept
The slope, m of the linear function is calculated using the points J(–4, –5) and K(–6, 3)
m = (y₀ - y₁) / (x₀ - x₁)
m = (3 + 5) / (-6 + 4)
m = (8) / (-2)
m = -4
equation passing through point K(–6, 3)
(y - y₁) = m' (x - x₁)
y - 3 = -4(x + 6)
y - 3 = -4x - 24
y = -4x - 24 + 3
y = -4x - 21
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What is the perimeter of trapezoid JKLM?
O√2+√5 units
O2+ √2+√5 units
O9+2√2 units
9+√2+√5 units
The perimeter of trapezoid JKLM is
9 + √(2) + √(5) units.
Option D is the correct answer.
What is a trapezium?It is a quadrilateral that has one pair of parallel sides and a height.
The area is calculated as 1/2 x the sum of the parallel sides x height.
Examples:
Area of a trapezium that has the parallel sides as 3 cm and 4 cm and a heght o 5 cm.
Area = 1/2 x (3 + 4) x 5
Area = 1/2 x 7 x 5
Area = 35/2 = 17.5 cm^2
We have,
First, we find the lengths of each side of the trapezoid.
JK = distance between points J and K
JK = √((4 - 4)² + (-4 - (-7))²) = √(9) = 3
LM = distance between points L and M
LM = √((3 - 3)² + (-8 - (-2))²) = √(36) = 6
KL = distance between points K and L
KL = √((3 - 4)² + (-2 - (-4))²) = √(5)
JM = distance between points J and M
JM = √((3 - 4)² + (-8 - (-7))²) = √(2)
Now,
We can add up the lengths of each side to find the perimeter.
Perimeter = JK + KL + LM + JM
Perimeter = 3 + √(5) + 6 + √(2)
Perimeter = 9 + √(2) + √(5)
Therefore,
The perimeter of trapezoid JKLM is
9 + √(2) + √(5) units.
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Solve for y. Assume the equation has a solution for y. py + qy = -4y + 8
Answer:
y = [tex]\frac{8}{p+q+4}[/tex]
Step-by-step explanation:
py + qy = - 4y + 8 ( add 4y to both sides )
py + qy + 4y = 8 ← factor out y from each term on the left side
y(p + q + 4) = 8 ← divide both sides by p + q + 4
y = [tex]\frac{8}{p+q+4}[/tex]
Please please please answer
98 degrees
50 degrees
60 degrees
88 degrees
On using the exterior angle theorem the value of ∠G is obtained as option D: 88 degrees.
What is exterior angle theorem?
The measure of an exterior angle is equal to the sum of the measures of the two opposite(remote) interior angles of the triangle, according to the external angle theorem.
The measure of ∠F = (6x - 10)°
The measure of ∠E = 38°
The measure of ∠G = (7x + 18)°
But, in the given image it can be seen that the ∠G lies outside the triangle.
Apply the exterior angle theorem to solve the value for x.
According to the exterior angle theorem, the equation will be -
∠F + ∠E = ∠G
Substitute the values into the equation -
(6x - 10)° + 38° = (7x + 18)°
Simplify the equation -
6x - 10 + 38 = 7x + 18
Collect the like terms -
6x - 7x = 18 + 10 - 38
-x = -10
x = 10
So, the value of x is obtained to be 10°.
Substitute the value of x in ∠F and ∠G -
∠F = (6x - 10)°
∠F = (6(10) - 10)°
∠F = (60 - 10)°
∠F = 50°
∠G= (7x + 18)°
∠G= (7(10) + 18)°
∠G= (70 + 18)°
∠G= 88°
Therefore, the values of angles are ∠F = 50° and ∠G= 88°.
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I need to know how to solve 782÷2 using the area model
The area of a rectangular floor is 80 square feet. The length of the floor is 2 feet less than the width of the floor.
What is the width of the floor?
Drag the answers into the boxes to correctly complete the statements.
The equation
floor is
8
10
40
feet.
78
, where w is the width of the floor in feet, can be used to solve this problem. The width of the
√78
√82
w²+2=80
w(w - 2) = 80
w²2=80
w(w + 2) = 80
Answer:
Step-by-step explanation: Umm multiply 80 by 2 and divied 78 after add 10
Solve the system by the addition method.
3x + 7y = -20
-3x + 6y = -6
The solution for the given system of equations is (-2, -2).
What is addition method?
Using the Addition Method to Solve Systems of Equations in Two Variables. The addition method, also known as the elimination method, is a third strategy for resolving linear equation systems. With this approach, we add two terms that share the same variable but have opposing coefficients, resulting in a sum of zero.
Given:
The system of equations,
3x + 7y = -20 ..(1)
-3x + 6y = -6 ..(2)
We have to solve this system of equations using addition method.
Adding equation (1) and (2)
3x + 7y = -20
+ -3x + 6y = -6
__________________
0 + 13y = -26
13y = -26
y = -2
Plug y = 2 in equation (1), we get
3x + 7(-2) = -20
3x - 14 = -20
3x = -20 + 14
3x = -6
x = -2
Hence, the solution for the given system of equations is (-2, -2).
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22. Represent Real-World Problems The railroad
tracks meet the road as shown. The town will
allow a parking lot at angle Jif the measure of
angle Jis greater than 38: Can a parking lot be
built at angle? Why or why not?
++++
Green
50°
Park
Ave.
Ave.
On observing the provided question, we can say that the the provided equation f(x) = is the basic cubic function.f(x) = 8100
What is function?An statement, rule, or law in mathematics that specifies the connection between an independent variable and a dependent variable (the dependent variable). A relationship between a group of inputs and one output each is referred to as a function. In plain English, a function is an association between inputs in which each input is connected to precisely one output. Y=X2 is an illustration of this. You only receive one output for y if you enter anything for x. The fact that x is the input value leads us to argue that y is a function of x.
basic cubic function is = f(x) = x^2
x = 90
f(x) = 8100
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On solving the provided question, we can say that It is possible to construct a parking lot since the angle J's measurement is 180 - (50 + 90) = 40. More than 38 degrees, 40 degrees.
what are angles?An angle is a form in Euclidean geometry made composed of two rays, called the angle's sides, that meet at a point in the middle known as the angle's vertex. In the plane where the rays are placed, two rays can produce an angle. An angle is also produced when two planes intersect. They're known as dihedral angles. In plane geometry, an angle is the form that two rays or lines with a common termination might take. The Latin word "angulus," which means "horn," is where the English word "angle" comes from. The two rays, also known as the sides of the angle, have a common termination known as the vertex.
It is possible to construct a parking lot since the angle J's measurement is 180 - (50 + 90) = 40. More than 38 degrees, 40 degrees.
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PLEASE HELP! Determine the domain and range of the relation graphed below. Enter your answers using interval notation.
The domain and the range of the graphed relation are given as follows:
Domain: (-4,6).Range: [-6, 4).How to obtain the domain and the range of the function?The domain of a function is composed by the set that contains all possible values assumed by the input of the function. Hence, considering the graph of the function, the domain is given by the values of x of the graph.
As the graph contains open circles at both the ends of the domain, the domain is composed by an open interval.
The range of a function is composed by the set that contains all possible values assumed by the output of the function. Hence, considering the graph of the function, the range is given by the values of y of the graph.
The graph assumes a minimum value of -6, hence the lower bound is closed, however the upper bound at y = 4 is open, as the only point the graph reaches y = 4 is on the open circle.
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Please, this is an emergency :(, Help me solve for x, y and z
Given that it is a second-order polynomial equation, the algebraic fundamental theorem ensures that it has at least one solution.
Solve for x, y and z ?A quadratic equation is a second-order polynomial equation in one variable that goes like this: x ax2 + bx + c=0, where a 0.Given that it is a second-order polynomial equation, the algebraic fundamental theorem ensures that it has at least one solution.Real or complicated solutions are both possible.
Option A , x = 7/5 and x= -1
Formula: Let ax² + bx + c = 0 be the quadratic equation,
x = [-b±√(b²-4ac)]/2a
The given quadratic equation be
5x² -2x = 7
⇒ 5x² -2x - 7 = 0
a = 5, b = -2 and c = -7
Therefore x = [-b±√(b²-4ac)]/2a
x=[-(-2) ±
√((-2)²-4*5*(-7))]/2*5
x =[2 ± √144)]/10
x =[2 ± 12)]/10
x = (2+12)/10 and x = (2-12)/10
x = 14/10 = 7/5 and x= -12/10 = -1
Therefore,the correct answer is Option A , x = 7/5 and x= -1.
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If you find sin(a) I will give brainliest
Given that tan alpha = -24/10 and pi < alpha < 2pi, we can use the trigonometric identities to find the value of sin alpha.
To what does sin equate?
In contrast to the cosine of an angle, which corresponds to the ratio of the nearby side to the hypotenuse, the sine of an angle is the ratio of the opposite side to the hypotenuse.
Since tan alpha = -24/10, we know that sin alpha / cos alpha = -24/10
We can find the value of cos alpha by using the fact that pi < alpha < 2pi, so 0 < alpha - pi < pi.
Therefore, cos alpha = cos (alpha - pi) = -cos (alpha - pi)
We can substitute this into the equation above:
sin alpha / (-cos (alpha - pi)) = -24/10
We can then solve for sin alpha:
sin alpha = (-24/10) * (-cos (alpha - pi))
We can simplify the expression, but we cannot determine the exact value of sin alpha without knowing the value of alpha.
Note that tangent is negative in the second and third quadrant, so the angle is in the third quadrant.
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Match The Description Below With Its Symbol(S) The Mean Of The Y-Values Select The Correct Choice Below. O A. B O B. Y O C. Y_i O D. M O E. Y_i O F. (X, Y)
The mean of y-values is referred to as [tex]\bar{y}[/tex]. So, option b is the correct choice.
A variable in a set of sample data in statistics is symbolized by the little Latin letter x. If a letter has a horizontal bar above it, it means the variable it is placed over is considered the average or mean.
We would add all of the sample data points, divide by the sample size, and then compute the x-bar, or sample mean. This is given by [tex]\bar{x}=\frac{x_1+x_2+x_3+\cdots\cdots+x_n}{n}[/tex] where n is referred to as the sample size and [tex]\bar{x}[/tex] is the sample mean.
Therefore, the central tendency of the data is represented by this [tex]\bar{x}[/tex] or the x bar. Therefore, the mean of y-values is represented by y bar or [tex]\bar{y}[/tex].
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8.9 math question A train makes a round-trip from New Orleans to Los Angeles the train stops in Tucson during its return how many miles has the train traveled in all how many miles does the train have left to travel
When the train stops at Tucson in return trip, distance he travelled is 2378 miles and distance left for the train to travel is 1408 miles
What is distance?Distance is a measure of how far away two objects or points are from one another. In physics or daily life, the term "distance" can refer to a physical distance or an estimate based on other criteria (for example, "two counties over").
|AB| can be used to denote the distance between two points. In most situations, the distance from point B to point A can easily be used in place of the distance from point A to point B.
A distance metric or function is a way to explain what it means for elements of a space to be "far apart from" or "close to" each other. It is a generalisation of the idea of physical distance in mathematics.
If the train stops at Tucson in return trip, distance he travelled is,
d = 1893 + (1893 - 1408)
d = 2378 miles
And, miles the train have left to travel is
⇒ 1893 + 1893 - 2378
= 3786 - 2378
= 1408 miles
Thus, When the train stops at Tucson in return trip, distance he travelled is 2378 miles and distance left for the train to travel is 1408 miles.
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The height of △XYZ is the distance from point Yto XZ←→. Find the area of the triangle. Round your answer to the nearest tenth, if necessary.
Consider the following integral Sketch its region of integration in the xy-plane. Double integrate x/ln(x) dxdy (a) Which graph shows the region of integration in the xy-plane?____
(b) Write the integral with the order of integration reversed: Double integrate x/ ln(x) dx dy = double integrate x/ ln(x) dy dx with limits of integration A= D B= A C= D= (c) Evaluate the integral
a. Sketch the region of integration in the XY-plane.
b. Reverse the order of integration.
c. Evaluate the integral.
(a) The integral is a double integral, which means that the region of integration is a region in the XY plane. The region of integration is defined by the limits of integration for x and y. However, since the limits of integration are not given, it's not possible to sketch the region of integration in the XY plane.
(b) The integral is already written with the order of integration reversed.
(c) Without the limits of integration, it is not possible to evaluate the integral. The limits of integration are necessary to determine the region of integration, and thus the range of values for x and y over which the integral is to be taken. Without this information, it is not possible to carry out the evaluation of the integral.
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-1/3x-9>1.5-4/5x
solve the inequality
Answer: x belongs to (0, 0.4444)
Step-by-step explanation:
????What’s the answer??
one of the most common forms of the equation of lines called slope-intercept form along with derivation.
What is the slope-intercept for the linear function?The linear equation y = mx + c is a line with m as slope, m and c as the y-intercept. This form of the linear equation is called the slope-intercept form, and the values of m and c are real numbers.
The slope, m, represents the steepness of a line. The slope of the line is also termed as gradient, sometimes. The y-intercept, b, of a line, represents the y-coordinate of the point where the graph of the line intersects the y-axis.
We know that, the equation of a line in point slope form, where (x1, y1) is the point and slope m is:
(y – y1) = m(x – x1)
Here, (x1, y1) = (0, c)
Substituting these values, we get;
y – c = m(x – 0)
y – c = mx
y = mx + c
Therefore, the point (x, y) on the line with slope m and y-intercept c lies on the line if and only if y = mx + c
Slope Intercept Form Formula
As derived above, the equation of the line in slope-intercept form is given by:
y = mx + c
Here,
(x, y) = Every point on the line
m = Slope of the line
c = y-intercept of the line
Usually, x and y have to be kept as the variables while using the above formula
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