Examlex
In a nested IF function, the second argument (value_if_true) and/or the third argument (value_if_false) cannot contain another IF function.
Operating Leverage
A financial metric that measures the degree to which a firm or project can increase operating income by increasing revenue.
Net Operating Income
A company's revenue minus its operating expenses, excluding taxes and interest, indicating the profitability of its core business activities.
Sales Volume
The total number of units or products sold within a specific period.
Fixed Expense
Overheads that stay the same, no matter how much is produced or sold, encompassing charges such as property rent, staff paychecks, and insurance coverage costs.
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