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28. Assume that a company with a tax rate of 40 percent has acquired a firm with $5 million book value for $12 million. The acquiring company is located in a country where goodwill write-offs are deductible for tax purposes. The goodwill can be written off for a maximum of ten years. What is the amount of tax savings that the acquiring company can realize for ten years?
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At your university, 30% of the undergraduates are from out of state. If you randomly choose 8 of the undergraduates
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At your university, 30% of the undergraduates are from out of state. If you randomly choose 8 of the undergraduates, what is the probability that
a. All are from within the state?
b. All are from out of state?
c. Exactly two are from within the state?
d. At least five are from within the state?
probability
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