Examlex
What is factor analysis? Give one example of a research study for which factor analysis would be useful in analyzing the data.
Fixed Costs
Regardless of how much is produced or sold, costs for rent, salaries, and insurance remain unchanged.
Variable Costs
Prices that adjust based on the quantity of products made or sold.
Pretax Income
Income earned by an entity before any taxes have been deducted.
Operating Leverage
The degree to which a firm or project can increase operating income by increasing revenue, reflecting the fixed versus variable cost structure.
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