The Operating Income of a Company Is $10 Million,the Net

question 15

Multiple Choice

The operating income of a company is $10 million,the net marketing contribution is $30 million and general and administrative expenses are $5 million.Calculate the other operating expenses.

• A)$10 million
• B)$5 million
• C)$15 million
• D)$20 million
• E)$25 million

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Definitions:

Business Administration

The management and operational skills required to run a business effectively, including planning, organizing, staffing, leading, and controlling organizational resources.

Income Level

A measure of the amount of monetary earnings or revenue a person, family, or household receives within a specified time period, often used to gauge economic status.

Welfare State

A government system that provides a range of social security and welfare benefits to its citizens.

Income Inequality

The unequal distribution of income within a population, leading to disparities in wealth and living standards.