Examlex
When making a decision to discontinue an operating segment,avoidable fixed costs are not considered.
Incurred Expenses
Expenses that have been recognized in the accounting period when they are incurred, regardless of when the payment is made.
Profit Margin
A financial metric that shows the percentage of a company's revenue that remains as profit after accounting for costs and expenses.
Net Income
The remaining earnings of a company following the deduction of all expenses and taxes from its total revenues.
Net Sales
This represents the amount of sales generated by a company after deductions for returns, allowances for damaged or missing goods, and discounts.
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