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means that the law itself, that which is being enforced, must be fair.
Variable Cost Per Unit
The cost that changes in proportion to the level of output or activity, calculated on a per-unit basis.
Net Operating Income
A company's total earnings derived from its operations, excluding taxes and interest.
Advertising
The activity or profession of producing advertisements for commercial products or services.
Contribution Format
A way of presenting a profit and loss statement where costs are separated into variable and fixed, and the contribution margin is highlighted.
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