Calculate the net profit generated by Cabaye Inc. if it obtains a return of 12% from the owner's equity amounting to $675 million

A) $118 million
B) $8.1 million
C) $562 million
D) $5.6 billion
E) $81 million

E

Business

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The franchisor owns a trade or service mark and licenses it to franchisees in return for royalty payments

Indicate whether the statement is true or false

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