Examlex
A business failure occurs when a business closes for any of the following reasons except ______.
Net Operating Income
A financial metric that calculates a company's income after operating expenses are deducted, but before interest and taxes.
Absorption Costing
A method of inventory costing in which all costs of production (both fixed and variable) are treated as product costs.
Gross Margin
Gross margin is the difference between revenue and the cost of goods sold, divided by revenue, expressed as a percentage. It measures how much a company earns taking into consideration the costs that it incurs for producing its products or services.
Variable Costing
An accounting method that includes only variable costs—costs that change with production levels—in the calculation of cost of goods sold and excludes fixed costs.
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