document.write( "Question 1054177: Investments An investor owned 300 shares of an oil company and 250 shares of a movie company. The quarterly dividend from the two companies was $187.50. After the investor sold 120 shares of the oil company and bought an additional 120 shares of the movie company, the quarterly dividend became $211.50.\r
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document.write( "Find the dividend per share for each stock. \n" );
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Algebra.Com's Answer #669368 by josmiceli(19441)![]() ![]() You can put this solution on YOUR website! Let \n" ); document.write( "from 1 share of the oil company \n" ); document.write( "Let \n" ); document.write( "from 1 share of the movie company \n" ); document.write( "----------------------------------- \n" ); document.write( "(1) \n" ); document.write( "------------------------------- \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "------------------------------ \n" ); document.write( "(2) \n" ); document.write( "------------------------------ \n" ); document.write( "Divide both sides of (1) and (2) by \n" ); document.write( "(1) \n" ); document.write( "(2) \n" ); document.write( "------------------------------ \n" ); document.write( "Multiply both sides of (1) by \n" ); document.write( "Multiply both sides of (2) by \n" ); document.write( "(1) \n" ); document.write( "(2) \n" ); document.write( "----------------------------- \n" ); document.write( "Multiply both sides of (1) by \n" ); document.write( "and subtract (1) from (2) \n" ); document.write( "(2) \n" ); document.write( "(1) \n" ); document.write( "------------------------------ \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "and \n" ); document.write( "(1) \n" ); document.write( "(1) \n" ); document.write( "(1) \n" ); document.write( "(1) \n" ); document.write( "(1) \n" ); document.write( "------------------- \n" ); document.write( "The quarterly dividend \n" ); document.write( "from 1 share of the oil company \n" ); document.write( "= $.25 \n" ); document.write( "The quarterly dividend \n" ); document.write( "from 1 share of the movie company \n" ); document.write( "= $.45 \n" ); document.write( "----------------------------------- \n" ); document.write( "check answer: \n" ); document.write( "(1) \n" ); document.write( "(1) \n" ); document.write( "(1) \n" ); document.write( "(1) \n" ); document.write( "and \n" ); document.write( "(2) \n" ); document.write( "(2) \n" ); document.write( "(2) \n" ); document.write( "(2) \n" ); document.write( "OK \n" ); document.write( " |