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Simplify the expression.
Dollars
The basic monetary unit used in the United States, symbolized as $, representing the currency.
Contribution Format
A type of income statement presentation that separates fixed costs from variable costs, helping to understand the profitability of a company.
Income Statement
A financial statement that summarizes a company's revenues, expenses, and profits or losses over a specific period.
Contribution Format
An income statement format that separates fixed and variable costs to illustrate their impact on net income.
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