Examlex
Which of the following is incorrect concerning quantitative traits?
Contribution Margin Ratio
A financial metric that measures the ability of a company to cover variable costs with its revenue.
Fixed Costs
Fixed expenses unaffected by variations in production or sales levels, like rent, wages, and insurance.
Target Income
The profit amount that a company aims to achieve within a specific period.
Required Sales
The volume of sales necessary to achieve a specific financial objective, such as covering costs or reaching a target profit.
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