Examlex
When events are mutually exclusive,two or more of them can happen at the same time.
Contribution Margin Ratio
A financial metric that represents the percentage of sale price that remains after variable costs are subtracted.
Sales Dollars
The total amount of money generated from the sale of goods or services before any expenses are subtracted.
Margin of Safety
The difference between actual or expected sales and the sales volume at which a company breaks even.
Fixed Costs
Rephrased: Expenses that remain constant regardless of the amount of goods or services produced by a business.
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