Examlex
Public health nurses (PHNs) know they must approach a public health issue with an understanding of the related underlying risk factors to develop effective nursing interventions. They evaluate these risk factors from two perspectives:
Fixed Cost
Expenses that remain constant in total regardless of changes in the level of production or sales volume, such as rent, salaries, and insurance.
Contribution Margin Ratio
A financial metric that shows what portion of sales revenue is available to cover fixed costs and generate profit after variable costs have been paid.
Fixed Expenses
Costs that do not fluctuate with changes in production level or sales volume, such as rent, salaries, and insurance premiums.
Break-Even Point
The sales level at which a business neither makes a profit nor incurs a loss.
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