Examlex
Which of the following is a variable cost for an airline?
Average Total Assets
A measure used to evaluate a company's efficiency at using its assets by calculating the average of its total assets over a specific period.
Operating Income
The profit realized from a business's ongoing operations, calculated before interest and taxes.
Statement of Cash Flows
A financial statement that summarizes the amount of cash and cash equivalents entering and leaving a company.
Shares of Stock
Units of ownership interest in a corporation or financial asset, representing an equal proportion of the company's capital.
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