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In terms of overall life satisfaction,the text concludes that:
Contribution Margin
A department’s net profit, used to cover indirect expenses.
Gross Profit
The difference between sales revenue and the cost of goods sold (COGS), indicating the basic profitability of a company's core activities.
Indirect Expenses
Expenses that are not directly tied to a specific product or service but are necessary for the overall operation of a business.
Direct Expense
A cost that can be directly attributed to the production or sale of specific goods or services in a business.
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