Examlex
The probability of a success remains the same for each trial in a binomial experiment.
Fixed Costs
Operating expenses that stay constant regardless of changes in the level of output or sales volume, like leases and salaries.
Asset Investment
The use of funds to purchase property, securities, or other assets to generate returns or achieve strategic goals.
Operating Assets
Assets used in the day-to-day operations of a business to generate revenue, excluding investment and idle assets.
Controllable Margin
A measure of profitability that represents the amount of income over which managers have control, usually after direct costs have been deducted from revenues.
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