Given $A = \left[ \begin{array} { c c } - 9 & 8 \\- 6 & - 5 \\10 & - 16\end{array} \right]$

question 5

Essay

Given $A = \left[ \begin{array} { c c } - 9 & 8 \\- 6 & - 5 \\10 & - 16\end{array} \right]$ and $B = \left[ \begin{array} { l l } 1 & 0 \\2 & 3 \\0 & 4\end{array} \right]$ , solve $2 X - A = 3 B$ , for $X$ , or explain why there is no solution.

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Definitions:

Payables Deferral Period

The time duration a company takes to pay off its suppliers after a purchase has been made, indicating how well the company manages its cash outflow.

Commercial Paper

An unsecured, short-term debt instrument issued by corporations, typically used for the financing of payroll, accounts payable, and inventories, and meeting other short-term liabilities.

Flotation Cost

The expenses incurred when a company issues new securities, including underwriting fees, legal fees, and registration fees.

Corporate Tax Rate

The corporate tax rate is the percentage of a corporation's income that is seized by the government as tax.