Examlex
Describe the mechanisms by which the kidneys remove hydrogen ions from the body.
Variable Cost
Costs that change in proportion to the level of production or activity.
Operating Leverage
Refers to the extent to which fixed costs are used in a company's operations; high operating leverage means a larger proportion of fixed costs, leading to greater potential for profit variability with changes in sales volume.
Pretax Net Income
The amount of income that a company has earned before any taxes have been deducted.
CVP Analysis
Cost-Volume-Profit Analysis, a financial tool used to determine how changes in cost and volume affect a company's operating income and net income.
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