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Net Income
The total profit of a company after all expenses and taxes have been deducted from revenues.
Department Contribution Margin
A measure of a department's profitability, calculated as the difference between its sales and variable costs.
Gross Profit
The difference between sales revenue and the cost of goods sold, indicating the efficiency of a company's core operations.
Direct Departmental Expenses
Costs that can be directly attributed to a specific department within an organization, such as salaries of departmental staff.
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