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Internal criticism questions
Net Income
The total earnings of a company after subtracting all expenses, taxes, and costs, indicating its profitability.
Variable Costs
Costs that vary directly with the level of production or volume of output.
Break-even
The point at which total cost and total revenue are equal, resulting in no net loss or gain.
Variable Costs
Expenses that change in proportion to the level of production or business activity.
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