Question

) Given two companies named Q and P. Suppose the two companies hold share in each other. If company
Q is holding 20% shares of company P and Company P is holding 10% shares of company Q. Suppose the
separated earned profits of the two companies are N$98,000 and N$49,000 respectively.
(i) Find the total profit of each company by using matrix method.

Answer 1

Answer:

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