State $B,C$, such that $B\begin{bmatrix} 1 & 2 \\ 4 & 8 \end{bmatrix}C=\begin{bmatrix} 1 & 0 \\ 0 & 0 \end{bmatrix}$
I tried some things, but I ended up with non invertible matrices, so I stopped for the moment.
Is there a quick way to guesswork here? (it's an assignment so, maybe some "nice" values for the entries will do)
I don't even know how I multiply a matrix to get 0-Entries with invertible matrices.
So maybe let's start at that part?
Hint: row-reduce $\begin{bmatrix} 1 & 2 \\ 4 & 8 \end{bmatrix}$, then column-reduce. Row operations are equivalent to multiplication to the left by special invertible matrices (hence $B$) and column operations are equivalent to multiplication to the right (hence $C$).
More details: subtracting 4 times the first row from the second row is attained by $$\begin{bmatrix} 1 & 0 \\ -4 & 1 \end{bmatrix} \begin{bmatrix} 1 & 2 \\ 4 & 8 \end{bmatrix} = \begin{bmatrix} 1 & 2 \\ 0 & 0 \end{bmatrix}$$
Then subtracting twice the first column from the second column is attained by $$ \begin{bmatrix} 1 & 2 \\ 0 & 0 \end{bmatrix} \begin{bmatrix} 1 & -2 \\ 0 & 1 \end{bmatrix} = \begin{bmatrix} 1 & 0 \\ 0 & 0 \end{bmatrix}$$
Added: This method works for matrices of any size. If $A$ is an $m\times n$ matrix of rank $r$, start with $$\begin{array}{cc} I_m & A \\ & I_n \end{array} $$ and row reduce $A$, performing the same row operations on $I_m$, to obtain $$\begin{array}{cc} B & \text{rref}(A) \\ & I_n \end{array}. $$
Then move the copy of $I_r$ to the top left corner and make zeroes everywhere else using column operations; again, perform the same column operations on $I_n$. When that is done one gets $$\begin{array}{cc} B & \begin{bmatrix} I_r & 0 \\ 0 & 0 \end{bmatrix} \\ & C \end{array}$$ and $$BAC = \begin{bmatrix} I_r & 0 \\ 0 & 0\end{bmatrix} .$$ The matrices $B$ and $C$ are not unique.