Examlex
If prison or correctional administrators are the key decision makers when sentencing offenders to intermediate sanctions, there is a greater tendency that they will choose offenders who should have received probation.
Contribution Margin
The amount by which sales revenue exceeds variable costs, used to cover fixed costs and generate profit.
Break-Even Point
The point at which total costs equal total revenue, meaning the business does not make a profit or loss.
Degree of Operating Leverage
A financial metric that measures the sensitivity of a company's operating income to its sales, indicating the proportion of fixed to variable costs.
Variable Expenses
Expenses that vary directly with the level of production or sales volume, such as raw materials and direct labor.
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