Norman and Suzanne own 32 shares of a fast food restaurant stock and 60 shares of a toy company stock. At the close of the markets on a particular day in 2004, their stock portfolio consisting of these two stocks was worth $1182.00. The closing price of the fast food restaurant stock was $24 more per share than the closing price of the toy company stock on that day. What was the closing price of each stock on that day?
x=8.50 ans. for the value of the toy company stock. 8.50+24=32.50 ans. for the value of the fast food stock. Proof: 38*32.50+64*8.50=1,779 1,235+544=1,779 1,779=1,779
