Probability that firm will have more in income after taxes

Reference no: EM13153937

A study of 200 commercial firms revealed the data below. What is the probability that a particular firm will have $1 million or more in income after taxes?

Income After Taxes Number of Firms
Under $1 million 102
$1 million up to $20 million 61
$20 million and more 37

Reference no: EM13153937

Questions Cloud

Describe raelin''s work-based learning model : Describe where it lies along the theory versus practice scale. There are different approaches to learning. Styles also vary as to learning. Learning is a process

Calculate the pressure of dry oxygen : Calculate the pressure of dry oxygen. If the total pressure of oxygen generated over water is measured to be 638 torr and the temperature is 22 degress celcius?

Negative effects of your actions making : What would be your subsequent steps? Make sure you include both the positive and negative effects of your actions making sure you include the trade-offs or opportunity costs.

Describe the effect you have on this process when you visit : Discuss and describe the effect you have on this process when you visit the ATM to get some cash to pay for your late-night pizza.

Probability that firm will have more in income after taxes : A study of 200 commercial firms revealed the data below. What is the probability that a particular firm will have $1 million or more in income after taxes?

Comprehensive income with example : Determine how the authoritative literature addresses comprehensive income and illustrate with an example.

Best strategic planning : From some organization(s) where you have worked (or someone else has worked), write 2 scenarios from the strategic perspective as follows: (1) Explain the BEST strategic planning and implementation/execution you have observed. Discuss fully. (2) Expl..

Statement concerning the income statement : Discuss and identify how the four basic financial statements are important, and how they are interrelated with each other, and why they are useful to managers, investors, creditors, and employees.It has to be 700-1050 words.

The monthly payment of principal and interest (pi). : just signed a contract to purchase your dream house. The price is $120,000 and you have applied for a $100,000, 30-year, 5.5 percent loan. Annual property taxes are expected to be $2,000. Hazard insurance will cost $400 per year. Your car payment is ..

User Account

All Pages