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Nick bought a new Ethernet NIC and installed it on his new PC. He observes that the link lights on the NIC are flashing orange. What do flashing orange link lights usually indicate?
Fixed Costs
Costs that do not vary with the level of output or sales, such as rent, salaries, and insurance premiums.
Break-Even Point
The sales level at which total revenues equal total costs, resulting in no profit but no loss.
Contribution Margin
The amount remaining from sales revenue after variable expenses have been deducted, showing how much contributes to fixed expenses and profits.
Sales Mix
Sales mix refers to the proportion of different products or services sold by a company, impacting its overall profitability and performance.
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