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A person who thinks he is Napoleon
Operating Leverage
Operating leverage is a measure of how revenue growth translates into growth in operating income, highlighting the scalability of a company’s business model.
Variable Costs
Expenses that vary in relation to the amount of output or business operations.
Fixed Costs
Business expenses that remain constant, regardless of the level of production or sales activity.
Break-even Sales
The amount of revenue from sales that equals the total of variable and fixed costs, with no profit or loss.
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