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-Joan of Arc
Net Operating Income
The profit a company makes after deducting operating expenses but before interest and taxes.
Operating Loss
A situation where a company's total operating expenses exceed its total revenue, indicating a deficit in its core business operations.
Variable Costing
A cost accounting method that only includes variable production costs in the cost of goods sold, excluding fixed manufacturing overhead.
Net Operating Income
A measure of a company's profitability, calculated as the difference between its total revenue and its total operating expenses, excluding taxes and interest.
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