Examlex
The organisms that make up a class are _______ diverse and _______ numerous than those in a family within that class. The organisms that make up a phylum all diverged from a common ancestor _______ recently than did the organisms in an order within that phylum.
Variable Cost
Costs that change in proportion to the level of goods or services a company produces.
Fixed Costs
Fixed costs are business expenses that remain constant regardless of the level of production or sales, such as rent, salaries, and insurance.
Net Income
The net income of a company, calculated by deducting all costs, taxes, and expenses from its total revenue.
Accounting Break-even
The point at which a company's total sales equal its expenses, thus resulting in neither profit nor loss, based strictly on accounting figures not considering cash flow.
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