LATEJANUARYEARLYFEBRUARY - POISSON SMALL NUMBER OF EVENTS...

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POISSON SMALL NUMBER OF EVENTS ARRIVALS, INSURANCE ONLY TWO ITEMS FOR TABLE MEAN = λ = LAMBDA X NUMBER ASKED FOR IN PROBLEM P. 148 #31 λ 2.4 X 0 0.0907 λ 2.4 X 1 0.2177 λ 2.4 X 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12 0.6916 BURGER KING TIM HORTONS OF CANADA MERGER BERKSHIRE SOME FINANCING Why more U.S. companies will flee to Canada With many nations lowering their corporate tax rates in recent years, the U.S. rate of 35% is now the highest among developed countries. The federal rate in Canada is a scant 15%. Counting state and local taxes, U.S. companies can face a combined tax rate as high as 40%. Canada has provincial taxes, but the top combined rate only goes as high as 26.5%. The total corporate tax burden is even lower in counties such as the Netherlands (26%) the United Kingdom (21%) and Ireland (12.5%). The growing gap between U.S. and foreign rates explains why inversions have become a popular corporate strategy , In 2013, Burger King’s effective tax rate — the taxes it paid as a percentage of income, after accounting for all deductions and other offsets — was 27.5%, according to its
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