Examlex
Estimate using front-end rounding:
Net Income
The total earnings of a company after subtracting all expenses and taxes from total revenue.
Break-even Level
The point at which total costs equal total revenues, resulting in neither profit nor loss.
Variable Costs
Expenses that change in proportion to the amount of goods produced or the volume of sales.
Fixed Costs
Expenses that do not change with the level of production or sales in the short term, such as rent or salaries.
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