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The four phyla of the gymnosperms are:
Fixed Costs
Costs that do not vary with the level of production or sales, such as rent, salaries, and insurance premiums, providing predictability in budgeting.
Break Even
It is the point at which total costs and total revenues are equal, meaning there is no profit or loss.
Operating Income
Earnings before interest and taxes (EBIT), representing a company’s profit from its core business operations.
Variable Costs
Costs that vary directly with the level of production or sales volume, such as raw materials and direct labor costs.
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