Examlex
In the formation of igneous rocks, large crystal size is closely related to _______.
Margin of Safety
The difference between actual or projected sales and the break-even point, indicating the cushion a business has before it incurs a loss.
Operating Leverage
A measure of how sensitive net operating income is to a given percentage change in dollar sales.
Net Operating Income
The income derived from a firm's core business operations, not including taxes and interest expenses.
Contribution Margin Ratio
A ratio that measures the percentage of sales revenue remaining after deducting variable costs, indicating the portion of sales available to cover fixed costs and generate profit.
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