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Discoidal cleavage
Operating Leverage
A measure of how sensitive net operating income is to a given percentage change in revenue, indicating the proportion of fixed versus variable costs.
Income Statement
A financial report that shows a company's revenues, expenses, and profit or loss over a specific period.
Contribution Margin Ratio
The percentage of each sales dollar that remains after deducting variable costs, calculated as contribution margin divided by sales.
Net Operating Income
The profit of a business after operating expenses are subtracted from gross income.
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