Examlex
Explain why depositing cash into a checking account does not change the money supply.
Net Income
The amount of profit remaining after all expenses, taxes, and costs have been deducted from total revenue.
Break-even Point
The point at which cost or expenses and revenue are equal, resulting in neither profit nor loss.
Variable Costs
Expenses that change in proportion to the activity of a business, such as costs for raw materials.
Fixed Costs
Expenditures that do not change over a short period of time, regardless of the level of production or activity.
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