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Janine has not seen her Aunt Esther for several years. When they meet at a family reunion, Janine notices that Aunt Esther is very thin and has bulging, protruding eyes. Janine asks Aunt Esther if she has seen a doctor recently. "I surely did," replies Aunt Esther. "He told me some long word about why I'm looking 'bug-eyed.' My heart's beating real fast, too, and it's all got to do with my thyroid gland." What is the name of Aunt Esther's eye condition, and what is the name of her endocrine gland condition?
Break-even Point
The financial point at which total costs equal total revenue, meaning that the business is neither making a profit nor a loss.
Cost-volume-profit Analysis
An accounting technique used to determine how changes in costs and volume affect a company's operating income and net income.
Sales Mix
The relative distribution of sales among the various products available for sale.
Fixed and Variable Costs
Costs that remain constant regardless of the level of production or business activity (fixed) and costs that vary in direct proportion to changes in activity (variable).
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