Examlex
The most common form of psychosurgery practiced today is the prefrontal lobotomy.
Equity Account
An account that represents the ownership interest of shareholders in a corporation, reflected in common and preferred shares.
Fixed Costs
Expenses that do not change with the level of production or sales activities, within a relevant period.
Variable Cost
Costs that vary in total in direct proportion to changes in the level of activity or volume of production.
Operating Leverage
The degree to which a firm or project can increase operating income by increasing revenue, reflecting the proportion of fixed costs to variable costs.
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