Examlex
If the function is one-to-one, find its inverse. If not, write "not one-to-one."
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Net Operating Income
The total profit of a company after operating expenses are subtracted, but before taxes and interest are deducted.
Variable Costing
An accounting method that includes only variable costs—direct materials, direct labor, and variable manufacturing overhead—in the cost of goods sold and inventory valuation.
Absorption Costing
A method of accounting in which all costs of manufacturing, both direct and indirect, are treated as product costs, regardless of whether they vary with output level.
Net Operating Income
The total income of a company after deducting operating expenses but before interest and taxes.
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