Examlex
The most famous section in the ceiling is known as the __________.
Net Income
Net income is the total profit of a company after all expenses, taxes, and costs have been deducted from total revenue, often referred to as the bottom line.
Contribution Margin
The difference between sales revenue and variable costs, showing how much revenue contributes towards covering fixed costs and generating profit.
Absorption Costing
A method in accounting where all costs of manufacturing are absorbed by the units produced.
Variable Costing
A costing method that includes only variable production costs (direct labor, materials, and overhead) in product costs, excluding fixed costs.
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