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<em>Cross Profit :</em>
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<em>The profit a company makes after deducting all costs associated with creating and selling its products or services is known as gross profit. By subtracting the cost of goods sold (COGS) from total sales, you may compute gross profit.</em>
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<em>Gross Loss Carriage :</em>
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<em>the entire sum of a company's losses from various operations in a given period, even if some of these activities are profitable: The corporation announced a second-quarter gross loss of $17.15 billion today.</em>
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Answer:
c. is an important feature of the increase in income inequality
Explanation:
Income inequality measures how unevenly income is distributed throughout a population.
Answer:
<u>Interlocking corporate director</u>
Explanation:
Interlocking corporate director refers to an individual serving as a director on the board of multiple companies.
Interlocking directorship is not considered illegal if the companies of which the same individual serves as a director, are not competing firms.
In the given case, an individual serves on the board of a bank, also serves the board of a computer manufacturing company that usually borrows from the bank.
Here, the independence and objectivity of the director would be impaired and this may lead to a situation of conflict of interests as the director exercises sizable influence in framing the lending policies of the bank.
Thus, such a situation would be in violation and the director may have to step down from the board of one of the companies.
