Examlex
Which of the following is a storage device?
Contribution Margin
The surplus of sales revenue over the variable production costs, showing how much revenue aids in covering fixed expenses and producing profit.
Sales Price
The amount of money for which a product or service is sold in the marketplace.
Variable Cost
Expenses that change in proportion to the level of production or business activity, unlike fixed costs which remain constant.
IRR
The interest rate that results in a net present value of zero for all cash flows associated with a specific project.
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