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To establish a link between a specific bacterium and a skin disease,researchers have shown that bacterium was present in sick persons but not in healthy individuals.They isolated the bacterium in a pure culture and demonstrated that experimental healthy animals injected with this culture became sick.What other experiment do researchers need to perform to be absolutely sure that the bacterium is responsible for the disease?
Net Income
The total profit of a company after all expenses, including taxes and operating costs, have been subtracted from total revenues.
Operating Leverage
A measure of how revenue growth translates into growth in operating income, indicating the proportion of fixed versus variable costs a company has.
Degree of Operating Leverage
A financial ratio that measures the sensitivity of a company's earnings before interest and taxes (EBIT) to a percentage change in sales, indicating the impact of fixed costs on profits.
High-low Method
The high-low method is an accounting technique used to estimate the variable and fixed costs of a business based on the highest and lowest levels of activity.
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