Solve using augmented matrix methods. x+3y1 3x-2y14

Solve using augmented matrix methods.

           

x  +  3y  =  1

            

3x  –  2y  =  14

Solution

[ 1 3 1]

[ 3 -2 14]

R2 -> R2 – 3R1

[ 1 3 1 ]

[ 0 -11 11]

R2 -> -R2/11

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Andrews Company has $80,000 available to pay dividends.

Andrews Company has $80,000 available to pay dividends. It has 2,000 shares of 10%, $100 par, preferred stock and 30,000 shares of $10 par common stock outstanding. The preferred stock is selling for $125 per share, and the common stock is selling for $20 per share. Preferred stock is fully participating and cumulative. Preferred dividends are 1 year in arrears at the beginning of the year. I need to know the preferred 1) dividens in arrears 2) current preferrred dividends 3) common proportional share 4)preferred remainder and common remainder. Thanks

Solution

Andrews Company has $80,000 available to pay dividends.

  Amount (in $)

Amount available for dividend = 80,000
Less: Preferred dividends are 1 year in arrears = (20,000)

($200,000 * 10%)

Balance = 60,000

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When Kristen Harris is in college, she worked in her un

When Kristen Harris is in college, she worked in her university\’s library and was constantly told, \”You really should be studying to be a librarian; this is your home\” however Harris was pursuing a bachelor\’s degree in elementary education at the time. Little did she realize that becoming a school librarian was indeed elective. During the 21st century, the age of information, what could be more necessary than an individual trained to gather, process, and disseminate information? So, after teaching children in the classroom, Harris went back to school to earn her Master of Library Science degree. Today, Harris is preparing a story time for a group of young students. As it has done with everything else, the technology revolution has elevated the school library to \”Library 2.0,\” and Harris\’s tablet-integrated story time begins when she projects images for The Very Cranky Bear onto a projector screen. As a child, Harris got excited appeared during story NO CHANGE has been was had been NO CHANGE your home,\” however Harris your home,\” However Harris your home.\” However, Harris NO CHANGE imminent threatening optional NO CHANGE enervate energize elucidate

Solution

Answer to 1:

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Answer to 2:

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A student is chosen randomly from 400 students who can

A student is chosen randomly from 400 students who can be classified as following: The probability that the student chooses will be a Biology major is:

Solution

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Question 8 Question 8 Walker C

Question 8

Question 8

Walker Company reported the following year-end information:

Beginning work in process inventory $ 46,000
Beginning raw materials inventory 24,000
Ending work in process inventory 50,000
Ending raw materials inventory 20,000
Raw materials purchased 830,000
Direct labor 440,000
Manufacturing overhead 100,000

How much is Walker’s cost of goods manufactured for the year?

\"Question

A. $1,378,000
B. $834,000
C. $1,374,000
D. $1,370,000
\"\"

Solution

computation of cost of goods manufactured for the year

particulars amount($) amount($)

opening rawmaterials inventory 24000

add : raw materials purchased 830000

less : closing raw materials inventory (20000)

raw materials consumed 834000

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sold merchandise on account to S. Miller for $320 plus

sold merchandise on account to S. Miller for $320 plus sales tax of 4%, with 2/10, n/30 cash discount terms.

Solution

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Maack Corporations contribution margin ratio is 17 and

Maack Corporation\’s contribution margin ratio is 17% and its fixed monthly expenses are $50,000. If the company\’s sales for a month are $311,000, what is the best estimate of the company\’s net operating income? Assume that the fixed monthly expenses do not change.

$208,130

$2,870

$261,000

$52,870

Maack Corporation\’s contribution margin ratio is 17% and its fixed monthly expenses are $50,000. If the company\’s sales for a month are $311,000, what is the best estimate of the company\’s net operating income? Assume that the fixed monthly expenses do not change.

Solution

ans is 2870

Sales 3,11,000
Contribution Margin 17%
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