What Are the Possible Explanations-Geographical, Political, Religious, and Economic-Which Kept

question 45

Short Answer

What are the possible explanations-geographical, political, religious, and economic-which kept the West in almost total ignorance of sub-Saharan Africa until relatively recent times?

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Definitions:

Net Operating Income

The profit a company makes after deducting operating expenses from gross profit, not including income and expenses from investments and interest.

Variable Costing

An accounting method that only considers variable costs in determining the cost of products.

Variable Costing

An accounting method that only includes variable production costs (materials, labor, and overhead) in product costs, excluding fixed costs.

Unit Product Cost

The total cost to produce one unit of product, including direct materials, direct labor, and a portion of all overhead costs.