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Hatshy [7]
3 years ago
14

Solve for x and y,when 2x+y-5=0 and 3x-2y-18=0​

Business
1 answer:
Licemer1 [7]3 years ago
3 0

Answer:

(x,y)=(4,-3)

Explanation:

2x+y-5=0

3x-2y-18=0

Add 5 and 18

2x+y=5

3x-2y=18

Multiply eq1 by 2,

4x+2y=10

Add 1 from 2

7x=28

x=4

2(4)+y=5

8+y=5

y=-3

Hope this helps plz hit the crown :D

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8 0
3 years ago
Divided Furniture Inc. has 11,000 bonds outstanding with a market price of $104 per bond. The firm also has 35,000 preferred sha
mote1985 [20]

Answer:

Market Value of equity = Price of equity*Number of shares outstanding

Market Value of equity = 36*45000

Market Value of equity = 1620000

Market Value of Bond = Par value*bonds outstanding*%age of par

Market Value of Bond = 100*11000*1.04

Market Value of Bond = 1144000

Market Value of Bond of Preferred equity=Price*Number of shares outstanding

Market Value of Bond of Preferred equity=52*35000

Market Value of Bond of Preferred equity = 1820000

Market Value of firm = Market Value of Equity + Market Value of Bond+ Market Value of Preferred equity

Market Value of firm = 1620000+1144000+1820000

Market Value of firm = 4584000

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Weight of equity = 1620000/4584000

Weight of equity = 0.3534

Weight of debt = Market Value of Bond/Market Value of firm

Weight of debt = 1144000/4584000

Weight of debt = 0.2496

Weight of preferred equity = Market Value of preferred equity/Market Value of firm

Weight of preferred equity = 1820000/4584000

Weight of preferred equity =0.397

Cost of equity

Price= Dividend in 1 year/(cost of equity - growth rate)

36 = 2.2/ (Cost of equity - 0.04)

Cost of equity% = 10.11

After tax cost of debt = cost of debt*(1-tax rate)

After tax cost of debt = 8*(1-0.4)

After tax cost of debt = 4.8

Cost of preferred equity

Cost of preferred equity = Preferred dividend/price*100

Cost of preferred equity = 2.2/(52)*100

Cost of preferred equity = 4.23

WACC = After tax cost of debt*W(D)+cost of equity*W(E)+Cost of preferred equity*W(PE)

WACC = 4.8*0.2496+10.11*0.3534+4.23*0.397

WACC = 6.45%

7 0
4 years ago
The continuous review system is used to manage inventory associated with independent demand, while the periodic review system is
Assoli18 [71]

Answer:

FALSE

Explanation.

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It is not very correct that the continuous review system is used to manage inventory associated with independent demand, while the periodic review system is used to manage inventory associated with dependent demand because most often, it is the nature of inventory that determines the method to be used and not the type of demand

Continuous inventory keeps a constant track of quantities; and is more appropriate for small unit items that could be too numerous for physical count because they are bought in large quantities. e.g. supermarkets

Periodic inventory has to be done with big items that are not too numerous like automobiles, televisions, houses and sets of furniture.

8 0
4 years ago
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8 0
4 years ago
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Hence the answer is<u> True</u>.


4 0
3 years ago
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