Examlex
Which of the following is NOT a reason why a short position in a stock is closed out?
Net Income
The sum of a company's income once all costs and taxes are subtracted from its total revenue.
Variable Expenses
Costs that vary in direct proportion to changes in the level of activity or volume of goods produced.
Fixed Expenses
Costs that do not vary with the level of production or sales, such as rent, salaries, and insurance premiums, providing stability in financial planning.
Break-Even Point
The production level or sales volume at which total revenues equal total expenses, with no net profit or loss.
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