Examlex
Microbiology as a distinct science did not develop until the eighteenth century.
Return On Investment (ROI)
A performance measure used to evaluate the efficiency of an investment by comparing its gain to its cost.
Contribution Margin Ratio
The proportion of revenue from each dollar of sales that goes toward covering fixed expenses and creating profit.
Fixed Expenses
Costs that do not fluctuate with changes in production level or sales volume, such as leases and insurance premiums.
Contribution Margin
The amount by which the sale of a product exceeds its variable costs, contributing towards covering fixed costs and generating profit.
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