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The papillary layer of the dermis lies just below the dermal-epidermal junction.
Operating Income
Earnings before interest and taxes (EBIT), a measure of a company's profit generated from its core operations excluding the effects of financing and taxes.
Operating Leverage
A measure of how revenue growth translates into growth in operating income, due to fixed costs within a company's operating structure.
Variable Costs
Charges that shift in alignment with the volume of business activity.
Operating Income
Income generated from a company's primary business operations, excluding revenue from investments and other non-operational sources.
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