Step 1: Use the section formula.
The coordinates of point \( P(-4, 3) \) divide the line segment \( AB \) in the ratio 5:3. Let the coordinates of \( A \) be \( (x_1, 0) \) (since \( A \) lies on the x-axis) and the coordinates of \( B \) be \( (0, y_1) \) (since \( B \) lies on the y-axis).
Using the section formula, the coordinates of \( P(x, y) \), dividing \( AB \) in the ratio \( m:n \), are given by:
\[
x = \frac{m x_2 + n x_1}{m + n}, \quad y = \frac{m y_2 + n y_1}{m + n}
\]
In our case, \( P(-4, 3) \) divides \( AB \) in the ratio 5:3, so \( m = 5 \), \( n = 3 \), and the coordinates of \( A \) are \( (x_1, 0) \), \( B(0, y_1) \).
Step 2: Set up equations.
From the section formula, we know:
\[
-4 = \frac{5(0) + 3(x_1)}{5 + 3} = \frac{3x_1}{8}
\]
Solving for \( x_1 \):
\[
x_1 = \frac{-4 \times 8}{3} = \frac{-32}{3}
\]
Step 3: Find the equation of the line.
The slope \( m \) of the line passing through the points \( A(x_1, 0) \) and \( B(0, y_1) \) is given by:
\[
m = \frac{y_1 - 0}{0 - x_1} = \frac{y_1}{-x_1}
\]
Substitute \( x_1 = \frac{-32}{3} \):
\[
m = \frac{y_1}{\frac{32}{3}} = \frac{3y_1}{32}
\]
Step 4: Use the equation of the line.
The equation of the line is in the form \( y = mx + c \), where \( c = y_1 \). Since the line passes through point \( P(-4, 3) \), substitute \( P(-4, 3) \) into the equation of the line to find \( y_1 \):
\[
3 = \frac{3y_1}{32}(-4) + y_1
\]
Simplify:
\[
3 = \frac{-12y_1}{32} + y_1
\]
Multiply through by 32:
\[
96 = -12y_1 + 32y_1
\]
Simplifying:
\[
96 = 20y_1
\]
Solving for \( y_1 \):
\[
y_1 = \frac{96}{20} = \frac{24}{5}
\]
Step 5: Find the x-intercept.
Now that we know \( x_1 = \frac{-32}{3} \), the x-intercept of the line is \( \boxed{\frac{32}{3}} \), which corresponds to option (A).