Examlex
By themselves,____________ are basically meaningless.
Contribution Margin Ratio
The percentage of each sales dollar remaining after variable costs have been subtracted, indicating how much contributes to covering fixed costs and generating profit.
Fixed Costs
Costs that do not vary with the level of production or sales, including rent, salaries, and insurance premiums.
Break-even
The point at which total costs and total revenues are equal, resulting in no net loss or gain for a business.
Sales
The total revenue generated from selling goods or services over a certain period.
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