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Surveys of business leaders often point to listening as the communication skill most lacking in new employees..
Fixed Costs
Expenses that do not change with the level of output or activity, such as rent, salaries, and insurance premiums.
Break-Even
The point at which total revenues equal total costs, resulting in neither profit nor loss.
Break-Even Point
The level of production or sales at which total revenues equal total expenses, resulting in neither profit nor loss.
Profit And Loss Statement
A financial statement that summarizes the revenues, costs, and expenses incurred during a specified period, usually a fiscal quarter or year.
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