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The purpose of specialisation is to
Net Operating Income
Income from a company's core business operations, excluding expenses such as taxes, interest, and extraordinary items.
Segmented Income Statement
An income statement that shows financial results for different segments or divisions of a company.
Contribution Format
A type of income statement that categorizes costs as variable or fixed and computes a contribution margin.
Common Fixed Expenses
Expenses that do not vary with the level of production or sales, shared across different segments of a business, such as rent for the corporate office.
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