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A recommended order for presenting cited material is (a)state the point; (b)cite the source; (c)explain the material from the source; and (d)interpret how this material impacts the audience members.
Variable Expenses
Costs that vary in direct proportion to changes in the level of activity or production volume.
Fixed Expenses
Costs that do not change in total over a wide range of activity levels or over a short period, such as rent or salaries.
Net Income
The total earnings of a company, subtracting total expenses from total revenue.
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