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QUESTION 1 The movie Iron Man v. Transformers: The Rise of More Sequels brought in $400 million in revenue during its first year. The cost to make the movie was $250 million. The theatres took $75 million in all. The Distributors took another $75 million. Answer the following: Robert Downey Jr. had negotiated 1 gross point(%) in his contract. How much wil he receive at this time? A. $0 B. $2.5 million C.$25 million D.$4 million
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Answer #1

Solution: $4 million

Explanation:

1 gross point (%) = Revenue * 1%

= $400 million * 1%

= $4 million

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