Taxable income. 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 (in millions of dollars): So company A holds 71 % of its own stock, 8 % of the stock in company B , 3 % of the stock in company C .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)?
Taxable income. 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 (in millions of dollars): So company A holds 71 % of its own stock, 8 % of the stock in company B , 3 % of the stock in company C .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)?
Solution Summary: The author calculates the taxable income of each company as A,B,CandD to the nearest thousand dollars.
Taxable income. 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 (in millions of dollars):
So company
A
holds
71
%
of its own stock,
8
%
of the stock in company
B
,
3
%
of the stock in company
C
.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)?
2. Suppose the graph below left is the function f(x). In the space below, describe what
transformations are occuring in the transformed function 3ƒ(-2x) + 1. The graph it on the
coordinate plane below right. (4 points)
1
1. Suppose we have the function f(x) = = and then we transform it by moving it four units to the
right and six units down, reflecting it horizontally, and stretching vertically by 5 units. What will
the formula of our new function g(x) be? (2 points)
g(x) =
Suppose an oil spill covers a circular area and the radius, r, increases according to the graph shown below where t
represents the number of minutes since the spill was first observed.
Radius (feet)
80
70
60
50
40
30
20
10
0
r
0 10 20 30 40 50 60 70 80 90
Time (minutes)
(a) How large is the circular area of the spill 30 minutes after it was first observed? Give your answer in terms of π.
square feet
(b) If the cost to clean the oil spill is proportional to the square of the diameter of the spill, express the cost, C, as a
function of the radius of the spill, r. Use a lower case k as the proportionality constant.
C(r) =
(c) Which of the following expressions could be used to represent the amount of time it took for the radius of the spill to
increase from 20 feet to 60 feet?
r(60) - r(20)
Or¹(80-30)
r(80) - r(30)
r-1(80) - r−1(30)
r-1(60) - r¹(20)
Chapter 4 Solutions
Finite Mathematics for Business, Economics, Life Sciences, and Social Sciences (13th Edition)
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, subject and related others by exploring similar questions and additional content below.