Explain the Origin of Oceanic Crust

question 26

Essay

Explain the origin of oceanic crust.

---

Definitions:

Non-controlling Interest

An interest in a corporation that is not held by the parent company, representing the share of equity owned by minority shareholders in the subsidiaries of a consolidated group.

Gross Profit

A company's revenue minus its cost of goods sold, reflecting the initial profit figure before deducting operating expenses, interest, and taxes.

Non-controlling Interest

A share in a subsidiary company not owned by the parent company, indicating the portion of equity interest that is not directly controlled by the parent company.

Marketable Securities

Financial instruments that can be quickly converted into cash at a market price, such as stocks, bonds, or Treasury bills.