Examlex
Although we generally forget the exact form of a sentence shortly after we have heard or seen it, we tend to retain the exact wording when:
Annual Profit
The net earnings of a company over a one-year period, calculated as revenue minus expenses, taxes, and costs.
Margin of Safety
The difference between actual or expected sales and sales at the break-even point, indicating the risk margin for not reaching profit.
Dollars
The unit of currency used in the United States and other countries, represented by the symbol $.
Degree of Operating Leverage
The Degree of Operating Leverage is a measure that assesses the sensitivity of a company's operating income to changes in its sales volume, indicating the percentage change in operating income for a percentage change in sales.
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