Examlex
Identify and give the historical significance of each of the following terms, events, and people in a paragraph or two.
-Consumer revolution
Profit Margin
A financial metric that measures the percentage of revenue that exceeds the cost of goods sold, indicating the efficiency of a company in managing its costs and profit generation.
Retained Earnings
Retained earnings are the portion of a company's profits that are kept or retained within the company rather than paid out to shareholders as dividends, often used for reinvestment in the business or to pay down debt.
Marginal Tax Rate
The rate of tax applied to your next dollar of income, used in progressive tax systems where tax rates increase as income rises.
Percentage Of Sales Approach
Financial planning method in which accounts are projected depending on a firm’s predicted sales level.
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