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Instructions: Identify the Following

question 46

Short Answer

Instructions: Identify the following. Be as specific as possible, and include names, dates, and relevant facts as appropriate. Be sure to explain the significance of the person or term.
John Cabot, Amerigo Vespucci


Definitions:

Net Profit

Represents the amount of money a company retains after subtracting all its expenses, taxes, and costs from its total revenue.

Net Income

represents the total earnings of a company after deducting all expenses and taxes from total revenue.

Return on Investment

The gain or loss generated on an investment relative to the amount of money invested.

Selling Margin

The difference between the cost of a product and its selling price, indicating the profit made on the sale.

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