Examlex
In the figure below, what relationship is shown?
Contribution Margin
The amount remaining from sales revenue after variable production costs have been deducted, indicating how much contributes toward covering fixed costs and generating profit.
Contribution Format
A contribution format income statement categorizes costs as variable or fixed and calculates a contribution margin.
Net Operating Income
Profits from a company's core business operations, excluding deductions of interest and taxes.
Income Statement
A financial statement that shows a company's revenues and expenses over a specific period, leading to the net profit or loss for that period.
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