Examlex
The betas along with the factors in the APT adjust the expected return for:
Units
Units refer to the individual items or quantities that are produced, sold, or held in inventory.
Degree of Operating Leverage
A financial metric that measures the sensitivity of a company's operating income to its sales volume, indicating how a change in sales affects profits.
Selling Price
The amount charged to customers for a product or service.
Advertising Budget
The specific amount of money allocated for promoting a product, service, or brand during a set period.
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