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The use of filtration for sterilization
Target Pretax Income
The income a company aims to achieve before deducting taxes, often set for budgeting or goal-setting purposes.
Budgeted Income Statement
A financial report projecting revenue, expenses, and net income for a future period, based on management's expectations.
Degree of Operating Leverage
A measurement of how a company's operating income responds to a change in sales, indicating the level of fixed versus variable costs.
Total Contribution Margin
The difference between sales revenue and variable costs, representing the total earning potential before fixed costs are deducted.
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