The board of directors of Midwest Foods has declared a dividend of $3,500,000. The company has 300,000 shares of preferred stock that pay $2.85 per share and 2,500,000 shares of common stock. After finding the amount of dividends due the preferred shareholders, calculate the dividend per share of common stock.

Answers

Answer 1

Answer:

$855,000Dividend per share of common stock = $1.06

Step-by-step explanation:

1. Preferred Share dividends.

There are 300,000 preference shares and each of them got $2.85. Total dividends are;

= 300,000 * 2.85

= $855,000‬

2. Total dividends = $3,500,000

Dividends left for Common Shareholders (preference gets paid first)

= 3,500,000 - 855,000

= $2,645,000

Common shares number 2,500,000

Dividend per share of common stock = [tex]\frac{2,645,000}{2,500,000}[/tex]

= $1.06


Related Questions

A personnel director interviewing 12 senior engineers for five job openings has scheduled seven interviews for the first day and five for the second day of interviewing. Assume that the candidates are interviewed in a random order.
(a) What is the probability that x of the top four candidates are interviewed on the first day?
h(N; 5, 5, 12)
h(x; 5, 12, 5)
h(N; 7, 12, 5)
h(x; 7, 5, 12)
(b) How many of the top four candidates can be expected to be interviewed on the first day? (Round your answer to two decimal places.)

Answers

Answer:

a) h(x; 7, 5, 12) = (⁵Cₓ)( ⁷C₇₋ₓ) / (¹²C₇)

b) 2.92

Step-by-step explanation:

a)

Here

Number of interviewees = N = 12

Number of job openings = M = 5

Interviews schedules for the first day =  n = 7

N − M = 12 - 5 = 7

Using hypergeometric distribution:

Let X be the no. top four candidates interviewed on first day.

The probability mass function of X:

P(X = x) = [tex](^{M} C_{x})[/tex]   [tex](^{N-M} C_{n-x})[/tex] /  [tex](^{N} C_{n})[/tex]

It can be written as:

h(x; n, M, N)  =  [tex](^{M} C_{x})[/tex]   [tex](^{N-M} C_{n-x})[/tex] /  [tex](^{N} C_{n})[/tex]    

                    = (5Cx) (7C7-x) / (12C7)

                    = (⁵Cₓ)( ⁷C₇₋ₓ) / (¹²C₇)

h(x; 7, 5, 12) = (⁵Cₓ)( ⁷C₇₋ₓ) / (¹²C₇)

b)

The expectation is: E(X) = np

E(X) = n * M/N

              = 7 * 5/12

              = 7 * 0.41667

              = 2.9167

What is the square root of nine?

Answers

Answer:

3 or -3

Step-by-step explanation:

sqrt(9)

What number multiplied by itself will give you 9

3*3 =9

-3 * -3 =9

The square root of 9 is 3 or -3

Roberta sold goods costing $35,500, her expenses totaled $2,500 and her freight in totaled $750.
Her company's average stock of goods during the same period was $9,500.
The inventory turnover ratio for Roberta's company is

Answers

Answer:

Inventory turnover ratio is 3.74

explanation:

Inventory turnover is a ratio of the number of times a company's inventory is sold and replaced in a given period.

Inventory turn over ratio is calculated as ; Cost of goods sold ÷ Average stock of goods sold

= $35,500 / $9500

= 3.74

An amount of $49,000 is borrowed for 15 years at 3.5% interest, compounded annually. If the loan is paid in full at the end of that period, how much must be
paid back?
round your answer to the nearest dollar.

Answers

Answer:

[tex]\boxed{\sf \ \ \ $82,092 \ \ \ }[/tex][tex]\large\boxed{\sf \ \ \ \$82,092 \ \ \ }[/tex]

Step-by-step explanation:

Hello,

At the beginning we have $49,000

After the first year we get 49,000*(1+3.5%)=49,000*1.035

After n years we get

   [tex]49,000\cdot1.035^n[/tex]

So in 15 years it comes

   [tex]49,000\cdot1.035^{15}=82,092.09...[/tex]

rounded to the nearest dollar is $ 82,092

Hope this helps

A sample of 13 small bags of the same brand of candies was selected. Assume that the population distribution of bag weights is normal. The weight of each bag was then recorded. The mean weight was 3 ounces with a standard deviation of 0.15 ounces. The population standard deviation is known to be 0.1 ounce.Required:a. Construct a 98% confidence interval for the population mean weight of the candies.b. State the confidence interval. (Round your answers to three decimal places.)c. Draw the Graph

Answers

Answer:

The answer is below

Step-by-step explanation:

Given that:

Mean (μ) = 3 ounces. standard deviation (σ) = 0.15, sample size (n) = 13 and confidence (C) = 98%

α = 1 - C = 1 - 0.98 = 0.02

α/2 = 0.02/2 = 0.01.

The z score of 0.01 (α/2) corresponds to the z score of 0.49 (0.5 - 0.01) which from the normal distribution table is 2.33.

The margin of error (E) is:

[tex]E=z_{0.01}*\frac{\sigma}{\sqrt{n} } = 2.33*\frac{0.15}{\sqrt{13} }=0.1\\[/tex]

The confidence interval = μ ± E = 3 ± 0.1 = (2.9, 3.1)

The confidence interval is between 2.9 ounce and 3.1 ounce

The snowfall from this snowstorm above covered most of IA, northern IL, northern IN, and southern MI. While some locations in that swath saw over a foot of snow, let’s assume the average depth of the snow over this area was 8 inches. If the total area covered by the 8 inch average depth was 72,150 square miles, what percentage of the volume of the Grand Canyon would this amount of snow fill?

Answers

Answer:

Percentage volume of the Grand Canyon filled by the snow = 0.911 %

Step-by-step explanation:

This question is incomplete; please find the complete question in the attachment.

Given :

Area of the snow cover = 72150 square miles

Depth of the snow = 8 inches

Volume of the Grand Canyon = 4.166 × 101² m³

Solution:

Area of the snow cover = 72150 square miles

≈ 72150 × 2589988 square meter

≈ 1.868 × 10¹¹ square meter

Depth of the snow = 8 inches ≈ 0.2032 m

Volume of the snow on this area = Area × depth of the snow

                                                       = 1.868 × 10¹¹ × 0.2032

                                                       = 3.796 × 10¹⁰ m³

Volume of the Grand Canyon = 4.166 × 10¹² m³

Percentage volume of the Grand Canyon filled by the snow

= [tex]\frac{\text{Volume of the snow}}{\text{Volume of the Grand Canyon}}\times 100[/tex]

= [tex]\frac{3.796\times 10^{10} }{4.166\times 10^{12} }\times 100[/tex]

= 0.911%

The process of using the same or similar experimental units for all treatments is called:______
a. blocking.
b. partitioning.
c. factoring.
d. replicating.

Answers

Answer:

replicating

Step-by-step explanation:

If 3 is added to the absolute value of the product of a number and –9, the result is 4.

Answers

Answer:

± (1 ÷ 9)

Step-by-step explanation:

Data provided in the question

Since  3 is added to the absolute value and -9

The result is 4

Now this information should be transformed in a mathematical equation

Let us assume be x so the product of the number and -9 be -9x

Fo rthe absolute value we use the mode. Thus the required expression is:

3 + |-9x|

Given that the result is 4

So, it would be

3 + |-9x| = 4

Now Solving the above equation which is given below:

|-9x| = 4-3

|-9x| = 1

here we will remove the mode by introducing ± sign which is shown below:

-9x = ± 1

-9x = 1 or -9x = -1

x = -1/9

or

x = [tex]\frac{1}{9}[/tex]

Therefore, the value of x is ± (1 ÷ 9).

Calculate the length of the unknown side of this right angled triangle

Answers

Answer:

12.04

Step-by-step explanation:

Well to solve for the unknown side "c" we need to use the Pythagorean Theorem formula,

[tex]a^2 + b^2 = c^2[/tex]

We already have a and b which are 8 and 9 so we plug them in.

[tex](8)^2 + (9)^2 = c^2[/tex]

64 + 81 = c^2

145 = c^2

c = 12.04 rounded to the nearest hundredth.

Thus,

the unknown side is about 12.04.

Hope this helps :)

can someone answer this

Answers

Hey there! :)

Answer:

(-6, -7)

Step-by-step explanation:

Given the equations:

y = -1/6x - 8

y = 2x + 5

When graphed, we get a solution, or point of intersection, at (-6, -7). This is the point at which the two equations are equal to each other. This can even be proven:

-7 = -1/6(-6) - 8

-7 = 1 - 8

-7 = -7

----------------------

-7 = 2(-6) + 5

-7 = -12 + 5

-7 = -7

Thus, proving graphically and algebraically, the solution is at (-6, -7).

What is the solution to the inequality below?
x < 49​

Answers

Answer: x < 7, and x > -7

Step-by-step explanation:

Simply square root both sides of the equation.  The square root of x^2 is x and the square root of 49 can be 7 or -7.

Hope it helps <3

Answer:

x < 7      and x > -7

Step-by-step explanation:

x^2 < 49

Take the square root of each side, remembering to flip the inequality when we take the negative

sqrt( x^2) < + sqrt(49)     and  sqrt( x^2)> - sqrt(49)

x < 7      and x > -7

i have to write equations in standard form using integer coefficients for A,B, and, C Example: y= -8/15x + 1/20

Answers

Answer:

c

Step-by-step explanation:

Find the largest integer which belongs to the following interval: [−∞, 31]

Answers

Answer:

Largest integer in the interval [−∞, 31] is 31.

Step-by-step explanation:

Given the interval: [−∞, 31]

To find: The largest integer in this interval.

Solution:

First of all, let us learn about the representation of intervals.

Two kind of brackets can be used to represent the intervals. i.e. () and [].

Round bracket means not included in the interval and square bracket means included in the interval.

Also, any combination can also be used.

Let us discuss one by one.

1. [p, q] It means the interval contains the values between p and q. Furthermore, p and q are also included in the interval.

Smallest p

Largest q

2. (p, q) It means the interval contains the values between p and q. Furthermore, p and q are not included in the interval.

Smallest value just greater than p.

Largest value just smaller than q.

3. [p, q) It means the interval contains the values between p and q. Furthermore, p is included in the interval but q is not included in the interval.

Smallest value p.

Largest value just smaller than q.

4. (p, q] It means the interval contains the values between p and q. Furthermore, p is not included in the interval but q is included in the interval.

Smallest value just greater than p.

Largest value q.

As per above explanation, we can clearly observe that:

The largest integer which belongs to the following interval: [−∞, 31] is 31.

In parallelogram ABCD, the coordinates of A are (4,3) and the coordinates of the midpoint of diagonal AC
are (2,5). What are the coordinates of C?

Answers

Answer:

D. (0, 7).

Step-by-step explanation:

Moving from (4,3) to (2, 5) we move 2 to the left; 2 - 4 = 2 then 2 up 3 + 5 = +2.

So the point C is 2-2, 5+2 = (0, 7).

From a population that is not normally distributed and whose standard deviation is not known, a sample of 6 items is selected to develop an interval estimate for the mean of the population (μ).
a. The normal distribution can be used.
b. The t distribution with 6 degrees of freedom must be used.
c. The sample size must be increased.
d. The t distribution with 5 degrees of freedom must be used.

Answers

Answer:

d) The t-distribution with 5 degrees of freedom must be used

Step-by-step explanation:

For cases of Normal Distribution where the variance is unknown and the sample size n is smaller than 30, we must use the t-student distribution.

The shape of the curve for t-student is bell-shape (flatter and with wider tails than the bell shape of normal distribution.

Actually, when we deal with t-student distribution we are dealing with a family of curves that will become closer and closer to the bell shape of the normal distribution as the degree of freedom increases. From values of n =30( and bigger),  we can assume that the curve of t-student is the same as for normal distribution

In a statistical experiment, we roll two die (6 sided each) and add the results. The outcomes of interest for our experiment are: A

Answers

Answer:

The highest number on a die is 6. when we roll out two die the total sum cannot be more that 12. and each sum having the same probability of showing up.

The outcome of our experiment can be 2,3,4,5,6,7,9,10,11 or 12.

Step-by-step explanation:

Statistical experiment can be simply stated as the likelihood of an an event to occur or not.

hellllllllppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppp

Answers

Answer:

see below.

Step-by-step explanation:

1st row has four small boxes

2nd row has three big boxes

big box 1 has no items ragged in it.

big box 2 has small box 1 and also small box 1 dragged into it.

big box 3 has small box 3 and small box 4 dragged into it.

tje mean of 12 scores is 8.8 what is the sum of tue 12 scores​

Answers

Answer:

105.6

Step-by-step explanation:

If the mean is 8.8, than that means that in total the sum must be (8.8 * 12) which equals 105.6.

This is because the sum of all the numbers in a list divided by the amount of numbers in a list equals the mean.

Find the dimensions of a rectangle with perimeter 68 m whose area is as large as possible. (If both values are the same number, enter it into both blanks.)

Answers

Answer:

Length is 17m and Breadth is also 17m

Step-by-step explanation:

The perimeter of a rectangle is expressed as 2(L+B) where;

L is the length and B is the breadth of the triangle.

P = 2(L+B)

68 = 2(L+B)

L+B = 68/2

L+B = 34

L = 34 - B ... 1

Area of the rectangle A = LB... 2

Substituting equation 1 into 2 will give;

A = (34-B)B

A = 34B-B²

To maximize the area of the triangle, dA/dB must be equal to zero i.e

dA/dB = 0

dA/dB = 34 - 2B = 0

34-2B = 0

2B = 34

Dividing both sides of the equation by 2 we will have;

B = 34/2

B = 17

Substituting B = 17 into equation 1 to get the length L

L = 34-17

L = 17m

This shows that the rectangle with maximum area is a square since L = B = 17m

The dimension of the rectangle is Length = 17m and Breadth = 17m

The dimensions are 17m and 17m.

The perimeter of a rectangle is given as:

= 2(length + width)

Since in their case, the lengths have same values, this will be:

Perimeter = 2(l + l)

Perimeter = 4l

4l = 68

L = 68/4

L = 17m

Therefore, the dimensions are 17m and 17m.

Read related link on:

https://brainly.com/question/15366172

can you answer this for my friend thank you

Answers

Answer:

length=16 feet and width=12 feet

Answer:

Length = 16ft, width = 12ft

Step-by-step explanation:

4:2 or 2:1

so you need to mulitply everything by 2

length =  8*2 = 16ft

width = 6*2 = 12ft

The average American consumes 8.8 liters of alcohol per year. Does the average college student consume less alcohol per year? State your null and alternative hypothesis

Answers

Answer:

Null hypothesis: u = 8.8 liters

Alternative hypothesis: u < 8.8 liters

Step-by-step explanation:

The null hypothesis is always opposite to Tue alternative hypothesis and is the default hypothesis.

In this case study, the null hypothesis is that the average American consumes 8.8 liters of alcohol per year: u = 8.8

The alternative hypothesis is that does the average American consumes less than 8.8 liters of alcohol per year: u < 8.8 liters

he math team wraps gifts as a way to raise money for traveling to competitions. They offer two choices: a plain wrapping or a decorative wrapping with bows. The table represents the money raised over a busy shopping weekend.

Answers

The team charged $2 to wrap a gift with no bow and $3 to wrap a gift with a bow.

Answer:

The answer above is correct B

Step-by-step explanation:

Took the Unit Test Review on edg 2020 correct

Given: AB=BC,AM=MC BM ⊥AC , EF⊥BC Prove: EC/AB = FC/MA

Answers

Answer:

90 degree EFC. and. BMC

across fc/ma

across ec/ab

Determine the domain of the function. f as a function of x is equal to the square root of two minus x.
x ≤ 2
All real numbers
x > 2
All real numbers except 2

Answers

Answer:

A. x <= 2

Step-by-step explanation:

The domain of a real function should be all real numbers. In

f(x) = sqrt(2-x)

we need 2-x to be non-negative, therefore

2-x >= 0

which implies

x <= 2

Answer:

[tex]\Huge \boxed{{x\leq 2}}[/tex]

Step-by-step explanation:

The function is given,

[tex]f(x)=\sqrt{2-x}[/tex]

The domain of a function are all possible values of x.

There are restrictions for the value of x.

2 - x cannot be equal to a negative number, because the square root of a negative number is undefined. 2 - x has to equal to 0 or be greater than 0.

[tex]2-x\geq 0[/tex]

[tex]-x\geq -2[/tex]

[tex]x\leq 2[/tex]

The domain of the function is x ≤ 2.

The shape of a garden is rectangular at the center and semicircular at the ends. Find the area and perimeter of this garden { length of the rectangle is 20 - (3.5+3.5) meters} The First, correct answer gets BRAINLIEST

Answers

Mensuration:

Mensuration is the branch of mathematics which concerns itself with the measurement of Lengths, areas & volume of different geometrical shapes or figures.

Plane Figure: A figure which lies in a plane is called a plane figure.

For e.g:  a rectangle, square, a rhombus, a parallelogram, a trapezium.

 

Perimeter:

The perimeter of a closed plane figure is the total length of its boundary.

In case of a triangle or a polygon the perimeter is  the sum of the length of its sides.

Unit of perimeter is a centimetre  (cm), metre(m) kilometre(km) e.t.c

Area: The area of the plane figure is the measure of the surface enclose by its boundary.

 

The area of a triangle are a polygon is the measure of the surface enclosed by its sides.

A square centimetre (cm²) is generally taken at the standard unit of an area. We use square metre (m²) also for the units of area.

Circumference of a circle is the perimeter of a circle.

In a circle the radius is half of the diameter.

The approximate value of π( Pi) is= 22/7 

==========================================================

Sven starts walking due south at 7 feet per second from a point 190 feet north of an intersection. At the same time Rudyard starts walking due east at 4 feet per second from a point 130 feet west of the intersection.
A. Write an expression for the distance d between Sven and Rudyard t seconds after they start walking.
B. What is the minimum distance between them?
C. When are Sven and Rudyard closest?

Answers

Answer: A. [tex]d=\sqrt{(190-7t)^2+(130-4t)^2}[/tex]

B. Minimum distance between them  = 18.61 feet.

C. After 28.76 seconds Sven and Rudyard are closest.

Step-by-step explanation:

A) Let (0,0) be the intersection point.

Then, Initial Location of Sven (0,190).

Speed of Sven = 7 feet per second

Then, position of Sven after t seconds = (0,190-7t)  [speed = distance x time]

Similarly, Initial position of Rudyard= (130,0)

Speed of Rudyard = 4 feet per second

Position after t seconds = (130-4t,0)

Distance d between Sven and Rudyard t seconds after they start walking:

[tex]d=\sqrt{(190-7t)^2+(130-4t)^2}[/tex]

B) Let [tex]d(t)=\sqrt{(190-7t)^2+(130-4t)^2}\\[/tex]

[tex]d'(t)=2(190-7t)(-7)+(2)(130-4t)(-4)\\\\=130t-3700[/tex]

Put d'(t)=0

[tex]130t-3700=0\\\\\Rightarrow\ t=\dfrac{3700}{130}\approx28.46\ sec[/tex]

Minimum distance :

[tex]d(28.46)=\sqrt{(190-7(28.46))^2+(130-4(28.46))^2}\\\\=\sqrt{346.154}\approx18.61\ feet[/tex]

Hence, the minimum distance between them  = 18.61 feet.

c) After 28.76 seconds Sven and Rudyard are closest.

Select the correct answer.
Estimate the solution to the following system of equations by graphing.
3x + 5y=14
6x - 4y=9

Answers

Answer:

y = 19/14 and x = 25/42

Step-by-step explanation:

Answer:

(5/2, 4/3)

Step-by-step explanation:

the solution is the point (2.41,1.36)

x=5/2  

y=4/3

Kimberly wants to paint all the surfaces of the table shown below.
Which measure BEST helps her determine how much paint she needs?
А
the volume of 1 rectangular prism and 4 cylinders
B
the surface area of 1 rectangular prism and 4 cylinders
С
the surface area of 5 rectangular prisms
D
the volume of 5 rectangular prisms

Answers

Answer:

C. surface area of 5 rectangular prisms.

Step-by-step explanation:

The table in the given figure as shown above has a rectangular flat top that has a solid shape of rectangular prism.

It also has 4 legs that are also rectangular in shape. The legs are rectangular prisms.

To determine the quantity of paint Kimberly would need, she needs to make use of the surface area of the table.

The surface area of the table = surface area of the top + surface area of the 4 legs = surface area of 5 rectangular prisms.

Answer:

C

Step-by-step explanation:

The function f(x) = ex is called the ---Select--- exponential function. The number e is approximately equal to . (Round your answer to five decimal places.)

Answers

Answer:

The value of e is approximately 2.71828.

Step-by-step explanation:

An exponential function is of the form:

[tex]y=a^{x}[/tex]

Here a is any value that is more than 0.

The natural form of an exponential function is:

[tex]y=e^{x}[/tex]

Here e is known as the Euler's number.

The value of e is approximately 2.71828.

Which statement best describes the end behavior of the following function?
F(x) = -x3 - 2x2 +7x-10

Answers

A.  The graph of the function is high on the extreme left side, and low on the extreme right side.

The graph has no "start" or "end".  It's defined for all 'x' between negative and positive infinity.  So no matter how far left or right you go, there's always a 'y' for whatever 'x' you're at.

But it's guaranteed that once you get far enough left (negative x), the first term -x³ will definitely be positive, and will become more and more positive as you go farther left.

And similarly, once you get far enough right (positive x), the first term,   -x³ will definitely be negative, and it'll become more and more negative as you go farther right.

So, except for some wiggling within a short distance either side of the origin, if you look at this graph from 10 miles away, f(x) comes out of the sky  on the left side, and it heads down into the salt mine on the right side.

Answer:

guys omg the answer is A its not a scam guys

Step-by-step explanation:

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These sales employees follow procedures that comply with Public Law 86-272. The orders are received and sent to Michigan for acceptance. The goods are shipped by FedEx into Minnesota.B. Mighty Manny provides design services to another manufacturer located in Wisconsin. While the services are performed in Michigan, Mighty Manny's designers visit Wisconsin at least quarterly to deliver the new designs and receive feedback.C. Mighty Manny receives online orders from its Illinois client. Because the orders are so large, the goods are delivered weekly on Mighty Manny's trucks.D. Mighty Manny's trucks drive through Nebraska to deliver goods to Mighty Manny's customers in other states, but the company has no Nebraska sales. someone help please lol Im stuck !!!!! NEED HELP THANKLSSSS Which of the following equations have exactly one solution? Choose all answers that apply: (Choice A) -6x-6=-6x-103 (Choice B) -103x-6=-6x-103 (Choice C) -6x-6=103x-103 (Choice D) 103x-6=103x-103 I'll put the brainliest, if its the right ans. Guidebook writer: I have visited hotels throughout the country and have noticed that in those built before 1930 the quality of the original carpentry work is generally superior to that in hotels built afterward. Clearly carpenters working on hotels before 1930 typically worked with more skill, care, and effort than carpenters who have worked on hotels built subsequently.Which of the following, if true, most seriously weakens the guidebook writers argument?(A) The quality of original carpentry in hotels is generally far superior to the quality of original carpentry in other structures, such as houses and stores.(B) Hotels built since 1930 can generally accommodate more guests than those built before 1930.(C) The materials available to carpenters working before 1930 were not significantly different in quality from the materials available to carpenters working after 1930.(D) The better the quality of original carpentry in a building, the less likely that building is to fall into disuse and be demolished.(E) The average length of apprenticeship for carpenters has declined significantly since 1930. An employee is paid a salary of \$73,840 per year, plus benefits and overtime (time and a half) on hours worked over 40 per week, working as a civil servant. What is the regular time hourly rate of pay for this employee, and what is her total income in a month where she works 40 hours, 44 hours, 43.5 hours, and 40 hours, weekly, in the month? A.$37.00/hr and \$6,336.25 in total income B. $35.50/hr and \$6,079.38 in total income C.$37.50/hr and \$6,421.88 in total income D.$36.00/hr and \$6,165.00 in total income Which property was used to write the equation in step 2? Step 1: 5 (x minus 7) = 55. Step 2: 5 x minus 35 = 55. Step 3: 5 x = 90. Step 4: x = 18. fill in the blanks. I will give brainleist pls help me if you can Lassen Corporation sold a machine to a machine dealer for $37,250. Lassen bought the machine for $68,000 and has claimed $22,500 of depreciation expense on the machine. What gain or loss does Lassen realize on the transaction Which branch of government is able to override a presidential veto of legislation passed by Congress?the executive branch through the Office of the Presidentthe military branch through the Joint Chiefs of Staffthe legislative branch through congressional actionthe judicial branch through the Supreme Court HELPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPP(25 points) 11. Caroline wraps packages at a store. She wraps9 packages each hour. Which statement is trueabout the number of packages she wraps?A. In 2 hours, Caroline wraps an odd number ofpackages.B. In 3 hours, Caroline wraps an even number ofpackages.C. In 5 hours, Caroline wraps an odd number ofpackages.D. In 7 hours, Caroline wraps an even number ofpackages. If 6 is subtracted from 3 times a certain number, the result is 84. Find the number.