Examlex
What does the acronym TCP represent?
Cost-volume-profit Chart
A cost-volume-profit chart is a visual representation that shows how changes in a company's sales volume will affect its costs and profitability, facilitating breakeven and profit-target analysis.
Total Cost Line
A graphical representation showing the total cost associated with producing various levels of output.
Operating Leverage
A measure of how revenue growth translates into growth in operating income, indicating the proportion of fixed costs in a company's cost structure.
Operating Income
The profit realized from a business's core operations, calculated before interest and taxes are deducted.
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