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___________identified the characteristics that make an ideal relationship and working alliance.
Operating Income
The profit realized from a business's core operations, excluding income from investments and the effects of taxes and interest.
Variable Costs
Costs that vary in direct proportion to the level of production or sales volume, like raw materials and direct labor.
Fixed Costs
Costs that do not vary with the level of production or sales over a specified period, such as rent or salaries.
Operating Income
The profit realized from a business's operations after subtracting operating expenses from gross profits.
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