Examlex
Toddlers learn a great deal through experience with print both in books and in the environment.
Corporate Tax Rate
The percentage of a corporation's profits that is paid as tax to the government.
Fixed Costs
Costs that do not change with the level of output or sales, such as rent or salaries.
Variable Costs
Costs that change in proportion to the level of production or business activity, such as materials and labor expenses.
Operating Leverage
A measure of how revenue growth translates into growth in operating income, indicating a company's fixed versus variable costs ratio.
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