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Out of the 20 largest banks in the world,________ are U.S.banks.
Worst-case Scenario
The most adverse, negative outcome that could possibly occur in a situation, often used in risk assessment and planning.
Variable Costs
Costs that change in proportion to the level of production or sales. They increase as production increases and decrease as production decreases.
Fixed Costs
Costs that remain constant regardless of the amount of production or business operations.
Contribution Margin
The difference between sales revenue and variable costs of a product or service, indicating the amount contributed towards covering fixed costs and generating profit.
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