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4 votes
What were Nyromi’s proceeds?

a. $4,617.50
b. $4,685.00
c. $4,470.50
d. $4,740.00

1 Answer

7 votes

Final answer:

Without additional context, determining Nyromi's proceeds is not possible. Proceeds are usually the net amount received from a transaction after subtracting all related expenses.

Step-by-step explanation:

The student's question does not provide enough context or information about the term 'Nyromi’s proceeds.' In finance and business transactions, 'proceeds' usually refer to the amount of money received from a sale or transaction after any costs or expenses have been subtracted. To determine Nyromi's proceeds, we would need additional information such as the initial amount involved in the transaction, any expenses, fees, or commissions deducted, and any other factors that could affect the final amount Nyromi received.

Since the provided information lacks a clear connection to the term 'proceeds' or a specific transaction for Nyromi, it is not possible to accurately determine Nyromi's proceeds without more context. Proceeds are typically calculated by subtracting any expenses related to the transaction from the gross receipts. For example, if Nyromi sold an item for $5,000 and had expenses amounting to $500, Nyromi's proceeds would be $4,500 ($5,000 - $500).

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