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Determine the ratio and write it in lowest terms.
-21 people to 15 people
Traceable Fixed Expense
Fixed costs that can be directly linked to a specific business department or segment, aiding in performance evaluation.
Net Operating Income
The total profit of a company after operating expenses are subtracted, but before taxes and interest expenses are deducted.
Price Hike
An increase in the price of goods or services, often due to factors like inflation, demand, or rising costs.
Traceable Fixed Expense
A fixed cost that can be directly associated with a specific business segment or department.
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