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Nic tends to gesture more with his right hand when he talks. Nic probably processes language
Fixed Expenses
Costs that do not change with the level of production or sales over a short period, such as rent or salaries.
Contribution Margin Ratio
A metric used to assess a product's profitability, calculated by subtracting variable costs from sales revenue and dividing by sales revenue.
Break-even Point
The point at which total costs equal total revenue, meaning that a business is neither making a profit nor incurring a loss.
Net Loss
The amount by which expenses exceed revenues over a specific period, indicating a negative financial performance.
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