Answer:
(2, 5 )
Step-by-step explanation:
Given the 2 equations
2x + 3y = 19 → (1)
6x + 2y = 22 → (2)
Multiplying (1) by - 3 and adding to (2) will eliminate the x- term
- 6x - 9y = - 57 → (3)
Add (2) and (3) term by term to eliminate x
0 - 7y = - 35
- 7y = - 35 ( divide both sides by - 7 )
y = 5
Substitute y = 5 into either of the 2 equations and solve for x
Substituting into (1)
2x + 3(5) = 19
2x + 15 = 19 ( subtract 15 from both sides )
2x = 4 ( divide both sides by 2 )
x = 2
solution is (2, 5 )
39/40 as a decimal is 0.975
Common stockholders would receive $800.
(100 shares x $100) 10,000 x 6% = $600 - this is the amount paid to preferred stockholders per year.
Since Custer.com also paid the dividend in arrear last year, $600 x 2yrs = $1,200 is the total amount paid to preferred stockholders this year.
Cash dividends - $2,000
Preferred sh <u>($1,200)
</u>Common sh $ 800<u>
</u>
Answer: It is true.
Step-by-step explanation:
8 x 8=64
6x8=48
64-48=16
4x12=48
16 is in fact less than 48