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Of the 500 companies in the 2017 Fortune 500 list, • 32 have female CEOs; • 447

ID: 2949125 • Letter: O

Question

Of the 500 companies in the 2017 Fortune 500 list, • 32 have female CEOs; • 447 are headquartered outside of California; • 7 are headquartered in California and have female CEOs. Given this information, answer the following questions: i. How many Fortune 500 companies are headquartered in California? ii. How many of California’s Fortune 500 companies have male CEOs? iii. How many companies with female CEOs are headquartered outside of California? iv. How many companies are either headquartered in California or have a female CEO?

Explanation / Answer

i. Headquarters in California = 500 - 447 = 53

ii. Number of California's Fortune 500 that have male CEOs = 53 - 7 = 46

iii. Companies with female CEO and headquartered outside of California = 32 - 7 = 25

iv. Companies either in California or female CEO = 500 - Companies outside and male CEO = 500 - (447 - 25) = 78

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