Examlex
How has neoliberalism affected social work practice? Provide two examples in different social work practice settings.
Contribution Margin Ratio
The contribution margin ratio measures the proportion of revenue remaining after variable costs are deducted, indicating the percentage of sales that contributes to fixed costs and profit.
Fixed Monthly Expenses
Expenses that do not change in total regardless of the level of activity, production, or sales within a given month.
Net Operating Income
A company's income after operating expenses are subtracted from its operating revenues.
Contribution Margin Ratio
The percentage of sales revenue that exceeds variable costs, indicating how much revenue contributes to fixed costs and profits.
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