Fred, Tiger, and Nancy Play a Round of Golf Together

question 2

Multiple Choice

Fred, Tiger, and Nancy play a round of golf together. Their combined score is 224. Fred's score was 4 more than Tiger's, and Nancy's score was 6 more than Fred's. What was each person's score?

• A) Fred = 74 ; Tiger = 70 ; Nancy = 80
• B) Fred = 71 ; Tiger = 67 ; Nancy = 77
• C) Fred = 76 ; Tiger = 72 ; Nancy = 82
• D) Fred = 70 ; Tiger = 74 ; Nancy = 80

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Definitions:

Common Stock

A form of corporate equity ownership, representing a claim on a portion of the company's assets and earnings.

Cash Dividends

Cash dividends are payments made by a corporation to its shareholders, usually as a distribution of profits.

Financing Activities

Transactions involving the inflow or outflow of funds related to a company's financing, such as issuing debt or equity.

Common Stock

A type of equity security that represents ownership in a corporation, providing voting rights and potentially a share in the company's profits through dividends.