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MATCHING
Complete the following using the terms listed.
-The financial market where firms and governments issue securities and sell them initially to the general public is called the ____________.
Contribution Margin
The difference between a company's sales revenue and variable costs, indicating the amount available to cover fixed costs and generate profit.
Fixed Expenses
Expenses that remain constant regardless of the amount of output or sales, including items like lease payments, wages, and insurance costs.
Net Income
The net income of a company, which is calculated by deducting all costs and taxes from its total earnings.
Break-Even Point
The production level or sales volume at which total revenues equal total expenses, resulting in no net loss or gain.
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