Examlex
What word is best to substitute for the underlined words in the following sentence?
The man sat in the car waiting for the traffic light to turn green.
Variable Costs
Costs that vary directly with the level of production output, including expenses like labor and material costs.
Operating Leverage
A financial ratio that measures the degree to which a company can increase operating income by increasing revenue, highlighting the impact of fixed costs.
High Debt
A situation where a company or individual carries a large amount of debt relative to their assets or equity.
Breakeven
The point at which total costs equal total revenue, resulting in neither profit nor loss.
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