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What Are Synergies

question 80

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What are synergies?


Definitions:

Equity in Income

The share of income from investments in associates over which the investor has significant influence but does not control.

Patent

A patent is a legal right granted by a government authority to an inventor or their assignee, giving exclusive rights to the patented process, design, or invention for a certain period.

Net Income

The conclusive profit of a business, determined by subtracting expenses, taxes, and costs from its overall revenue.

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