Question: You are using the following three criteria to screen potential acquisition targets from a list of 500 companies: Fraction of the 500 Companies Criterion.....................................................................Meeting the

You are using the following three criteria to screen potential acquisition targets from a list of 500 companies:
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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