Examlex
Another name for "current account transactions" is
Degree of Operating Leverage
A financial ratio that measures the sensitivity of a company's operating income to a change in its sales volume, signifying the impact of fixed versus variable costs.
Variable Expenses
Costs that vary directly with the level of production or sales volume, such as raw materials, direct labor, and sales commissions.
Fixed Expenses
Costs that remain constant for a set period of time, regardless of changes in the level of production or sales volume.
Break-Even Sales
The amount of revenue required to cover both the fixed and variable costs of a business, resulting in neither profit nor loss.
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