Examlex
Define marketing, and list and explain the major concepts involved.
Operating Leverage
The degree to which a company can increase its profits by increasing sales, highlighting the fixed versus variable costs structure.
Base-Case Scenario
In financial modeling and decision making, it refers to the standard set of assumptions used as a baseline for projecting the financial performance or outcome of a project.
Operating Leverage
A measure of how revenue growth translates into growth in operating income, indicating the percentage of fixed versus variable costs that a company has.
Marginal Tax Rate
The marginal tax rate is the rate at which an additional dollar of income is taxed, representing the fraction of the last dollar earned that is paid in taxes.
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