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Why did the Miller‒Urey hot chemistry experiment exclude oxygen in its investigation of the chemical origin of life on Earth?
Contribution Margin Percentage
A measure showing what percentage of sales revenue is available to cover fixed costs and contribute to net income, calculated as (Sales - Variable Costs) / Sales.
After-Tax Profit
The profit a company has left after paying all its taxes.
Tax Rate
The proportion of income that the government taxes an individual or business.
Profit and Loss Statement
A financial statement that summarizes revenues, costs, and expenses incurred during a specific period, usually a fiscal quarter or year.
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