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iContact is a web-based program developed by University of North Carolina students that promotes
Contribution Margin Ratio
The percentage of each sales dollar that remains after variable costs are subtracted, contributing to covering fixed costs and profit.
Margin Of Safety Ratio
A financial metric that indicates how much sales can decline before a business reaches its break-even point.
Costs And Expenses Ratio
A financial metric that compares the costs and expenses of a company to its total revenue, indicating the efficiency of its operations.
Variable Costs
Costs that change in proportion to the good or service that a business produces, such as raw materials and direct labor.
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