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In the circular-flow diagram,which of the following is not a factor of production?
Contribution Format
An income statement format that separates fixed costs from variable costs to highlight the contribution margin.
Target Profit
The expected profit levels set by management for a specific period, guiding pricing and sales strategies.
Income Statement
An account documenting an organization's economic activity, showing income, outlays, and net gains or deficits over a distinct timeframe.
Net Operating Income
This refers to a company's income after all operating expenses, but before interest and taxes, are subtracted from total revenue.
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