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As a result of several mergers and acquisitions, stock in four companies has been distributed among the companies. Each row of the following table gives
As a result of several mergers and acquisitions, stock in
four companies has been distributed among the
companies. Each row of the following table gives the
percentage of stock in the four companies that a particular
company owns and the annual net income of each
company.
So company A holds of its own stock, of the
stock in company B of the stock in company etc.
For the purpose of assessing a state tax on
corporate income, the taxable income of each company is
defined to be its share of its own annual net income plus
its share of the taxable income of each of the
other companies, as determined by the percentages in the
table. What is the taxable income of each company to the
nearest thousand dollars
Use the variables to represent taxable incom
of company to represent taxable income
company to represent taxable income of
company and to represent taxable income
company and write the system of equations
can be used to find all of the taxable incomes in
millions of dollars.
The equation that represents the calculation of
company As taxable income is
The equation that represents the calculation of
company Bs taxable income is
The equation that represents the calculation of
company s taxable income is
The equation that represents the calculation of
company Ds taxable income is
Simplify your answers. Use integers or decimal
for any numbers in the equations.
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