(a) Given two companies named Q and P. Suppose the two companies hold share in each other. If company Q is holding 20% shares of company P and Company P is holding 10% shares of company Q. Suppose the separated earned profits of the two companies are N$98,000 and N$49,000 respectively. (i) Find the total profit of each company by using matrix method. (ii) Show that the total of the profits earmarked to outside shareholders is equal to the total of separated earned profits.

(a) Given two companies named Q and P. Suppose the two companies hold share in each other. If company Q is holding 20% shares of company P and Company P is holding 10% shares of company Q. Suppose the separated earned profits of the two companies are N$98,000 and N$49,000 respectively. (i) Find the total profit of each company by using matrix method. (ii) Show that the total of the profits earmarked to outside shareholders is equal to the total of separated earned profits.

Name: (a) Given two companies named Q and P. Suppose the two companies hold
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Description: (a) Given two companies named Q and P. Suppose the two companies hold share in each other. If company Q is holding 20% shares of company P and Company P is holding 10% shares of company Q. Suppose the separated earned profits of the two companies are

Elementary Geometry For College Students, 7e

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Author:Alexander, Daniel C.; Koeberlein, Geralyn M.

Publisher:Alexander, Daniel C.; Koeberlein, Geralyn M.

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