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What are the two best practices to stay relevant?
Dollar Sales
The total value of sales within a specific period, measured in monetary terms.
Unit Sales
The number of individual units of a product sold in a specific time period.
Contribution Margin Ratio
The ratio of Contribution Margin (sales minus variable costs) to sales revenue.
Target Profit
The specific amount of net income that a company aims to achieve within a certain time frame.
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