Examlex
One of the earliest theories of multiple types of intelligence was that of Raymond Cattell,who suggested that intelligence can be divided up into two types:
Total Profits
The sum of all profits made by a business within a certain period, after all expenses have been deducted from total revenues.
Contribution Margin Ratio
The percentage of each sales dollar remaining after variable costs have been subtracted, indicating how much contributes towards fixed costs and profit.
Fixed Expenses
Expenses that do not fluctuate with changes in production level or sales volume, such as lease payments, insurance, and property taxes.
Margin of Safety
The difference between actual or expected sales and the break-even sales, measured to assess the risk of incurring losses.
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