The Additional Percentage or Dollar Amount by Which Actual Costs

question 49

Short Answer

 The additional percentage or dollar amount by which actual costs exceed estimates is known as a(n) _____.

---

Definitions:

Gross Margin

The difference between sales revenue and cost of goods sold, often expressed as a percentage, indicating the profitability of a company's core activities.

Times Interest Earned

A financial ratio that measures a company's ability to meet its interest payments based on its operating income.

Times Interest Earned

A financial ratio that compares a company's operating income before interest and taxes to its interest expenses, indicating how well it can cover interest payments with earnings.

Debt-To-Equity Ratio

A financial benchmark illustrating the relationship between the use of shareholder equity and debt in funding company assets.