Use Cramer's Rule to Solve (If Possible) the System of Equations

question 180

Multiple Choice

Use Cramer's Rule to solve (if possible) the system of equations. $\left\{ \begin{array} { r } 6 x - 5 y = 23 \\- 13 x + 3 y = - 89\end{array} \right.$

• A)(-8, -5)
• B)(8, -5)
• C)(-8, 5)
• D)(8, 5)
• E)(5, 8)

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Definitions:

Financial Risk

The possibility of losing money on an investment or business venture due to various factors like market volatility or credit risk.

Balance Sheet

A financial statement that shows a company's assets, liabilities, and shareholders' equity at a specific point in time.

WACC

WACC stands for Weighted Average Cost of Capital, a calculation used to assess the average cost of a company's financing sources including equity, debt, and other securities.

Optimal Capital Structure

The best mix of debt, equity, and other financings that maximizes a company's market value while minimizing its cost of capital.