Simpsons corporation does not pay any dividends

Simpkins Corporation does not pay any dividends because it is expanding rapidly and needs to retain all of its earnings. ... The dividend should grow rapidly - at a rate of 65% per year - during Years 4 and 5. After Year 5, the company should grow at a constant rate of 8% per year.

mr. flanders’ class sold 47 doughnuts and   mr. rodriquez’s class sold 38 cartons of milk

step-by-step explanation:

let x be the number of doughnuts sold by mr. flanders’ class and y be the number of cartons sold by mr. rodriquez’s class.

1. together, the classes sold 85 items, then

x+y=85.

2. both classes earn earned $104.49 for their school. if doughnuts were sold for $1.35 each, then x doughnuts costed $1.35x. if cartons of milk were sold for $1.08 each, then y cartons costed $1.08y. hence,

1.35x+1.08y=104.49.

3. solve the system of two equations: