Examlex
Which sentence is better expressed?
Contribution Format
The contribution format is a financial statement layout that separates fixed and variable costs, allowing for easier calculation of contribution margin and breakeven analysis.
Net Operating Income
The profit realized from a business's operations after subtracting operating expenses from revenue.
Units
A basic measure or quantity of a product, service, or resource, often used in manufacturing, inventory, and accounting.
Contribution Margin Ratio
The percentage of each sales dollar that remains after variable costs are subtracted, contributing to fixed costs and profit.
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