Examlex
One's _____ makes up his/her _____.
Variable Costs
Costs that vary in direct proportion to changes in levels of production or sales.
Fixed Costs
Expenses that do not change in proportion to the level of production or sales activities, such as rent, salaries, and insurance premiums.
Net Income
The total profit of a company after all revenues, costs, and expenses have been deducted, often referred to as the bottom line.
Sales
The transactions involving the exchange of goods or services for money, constituting the primary revenue source for most businesses.
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