Post 47: October 18th, 2016

First order of business today was economics. I learned about the three kinds of business organization. They are as follows.

  • Sole Proprietorship: A single person owns and runs the business, is responsible for everything, and taxes are simple.
  • Partnership: Two or more persons own a business with varying degrees of responsibility and blame, and taxes are, again, simple.
  • Corporation: A bunch of people own the company, which is managed by a board of directors, who hire management. Taxes are complex, as corporations are their own legal entity.

Next up, Algebra. Today, I learned about linear equations. There are two big things to know that were covered in this section:

  • Slope-Intercept Form: y = mx + b
    • m is equal to slope, and b is the y intercept.
  • Point-Slope Form: Y – Y1 = m(X – X1)
    • m is still equal to slope, while (X1, Y1) are a point on the line.

Author: Carl Hall

Brick and mortar school, cyber school, and now home school

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