Examlex
Making the right impression in writing is easier than meeting someone in person or by telephone because you are unable to convey meaning through body language or the way you use your voice.
Variable Expense Ratio
The proportion of variable expenses to total sales, illustrating how variable costs change with sales levels.
Break-even Point
The level of production or sales at which total revenues equal total costs, resulting in zero profit or loss.
Operating Leverage
A measure of how sensitive a company's operating income is to a change in revenues, reflecting the ratio of fixed costs to variable costs.
Advertising Budget
The amount of money allocated towards advertising products or services to enhance sales and market presence.
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