You are using the following three criteria to screen potential acquisition targets from a list of 500
Question:
Fraction of the 500 Companies
Criterion.....................................................................Meeting the Criterion
Product lines compatible.........................................................0.20
Company will increase combined sales growth rate......................... 0.45
Balance sheet impact manageable...............................................0.78
If the criteria are independent, how many companies will pass the screen?
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Related Book For
Quantitative Investment Analysis
ISBN: 978-1119104223
3rd edition
Authors: Richard A. DeFusco, Dennis W. McLeavey, Jerald E. Pinto, David E. Runkle
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