Examlex
After the landmark 1916 MacPherson case, any foreseeable plaintiff can sue a manufacturer for its breach of duty of care.
Sales Mix
The composition of a company’s product or service sales, showing the relative proportions of each product or service sold.
Net Income
The total revenue minus total expenses, indicating the profitability of a company over a specific period.
Contribution Margin Ratio
The ratio of Contribution Margin to Sales Revenue, measuring the percentage of each sales dollar available to cover fixed costs and profit.
Fixed Costs
Unvarying costs that do not fluctuate with changes in production or sales levels, such as office rent, staff wages, and insurance coverage.
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