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Cage company had a net income of $365 million and average total assets of $2,040 million. its return on assets (ROA) is 17.6%.
Net salary is the total net salary after deducting all taxes and other employee benefits. This is the amount deposited in your bank account that you can use for your budget and living expenses. Simply put, Gross Salary - Deductions = Net Salary.
Net income is the income of an individual or business after deducting expenses, allowances, and taxes. In commerce, net profit is what is left in the business after all expenses such as salaries and wages, cost of goods and raw materials, and taxes.
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Explanation:
Part 1 : <u>True</u>, from the details provided about the movie studio total cost last year indicates after substractions of the differences in total
3rd movie cost - 2nd = 132-84 = 48 million
Therefore, the variable costs should greater than or equal to $47 million, but less than $255 million.
Part 2 : <u>False</u>, the marginal cost of producing the first movie was $45 million. And there were three movies made by the firm.
Therefore, the firm's variable costs of producing all three movies last year would be
45 x 3 = 135 million
I guess the answer is related diversification
Florist, Blake Godrey, ran a small glass shop and sold blown glass pieces to people in Northern Virginia. He believed that he could sell more glass if he had means to use the internet. Thus he borrowed money and invested in creating a web site called glass.com where he sells glass pieces to people all over the world using various delivery services. Godfrey realized a related diversification opportunity.