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Our shifting perceptions of a Necker cube best illustrate the importance of
Operating Income
The income generated from the primary activities of a business, determined by deducting operating costs from the gross profit.
Selling Price
The amount a buyer pays to purchase a product or service from a seller.
Variable Cost
A cost that varies with the level of output or production, such as materials and labor directly involved in manufacturing.
Fixed Costs
Expenses that do not change with the level of goods or services produced by a business, such as rent or a salaried employee's wages.
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