Examlex
In the formula , the / 2 refers to:
Flexible Budget
A budget with the capacity to alter in response to shifts in activity volume or level.
Employee Salaries
The total amount paid to employees for their services over a specific period.
Wages
Payments made to employees as compensation for their labor, calculated on an hourly, daily, or piecework basis.
Net Operating Income
Income from a company's everyday business operations, excluding taxes and interest expenses; a key indicator of a company’s financial performance.
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