Examlex
Match the most appropriate term to the definition.
-Authority of a court to hear a case that is superior to the authority of all other courts
Contribution Margin
The amount remaining from sales revenue after variable expenses are deducted, showing the revenue available to cover fixed expenses and provide profit.
Operating Leverage
A measure of how revenue growth translates into growth in operating income, demonstrating the effect of fixed costs on profits.
Contribution Margin
The difference between the sales price of a product and its variable costs, used to cover fixed costs and profit.
Sales Mix
The composition of different products or services sold by a company, which can significantly impact profitability based on the varying margins of each item.
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