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The largest factor that raised labor productivity in the U.S. economy since the 1950s has been the
increased amount of capital available.
Net Operating Income
The profit generated from a company's core business operations, excluding expenses and revenues from non-operating activities.
Net Operating Income
A measure of a company's or property's profitability after subtracting all operating expenses from the revenue generated from operations.
Planning Budget
is a financial plan developed based on projected activity levels and expected revenues and expenses, providing a framework for future operations.
Flexible Budget
A budget that adjusts or flexes with changes in volume or activity, allowing for more accurate financial planning and analysis.
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