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Exhibit 2-1
Refer to Exhibit 2-1. What is net income, assuming no stock was issued and no dividends were paid?
Geometric Average
The geometric average is a method of calculating the mean that mitigates the impact of extreme values in a data set, commonly used in calculating investment returns.
Historical Record
Documentation or an account of past events, actions, or operations, serving as evidence or information about previous occurrences.
Financial Markets
Platforms where buyers and sellers trade financial securities, commodities, and other fungible items of value at low transaction costs and at prices that reflect supply and demand.
Real Rate Of Return
The annual percentage of profit or loss on an investment adjusted for inflation.
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