Examlex
Which of the following is not a component of equity?
Operating Income
Earnings from a company’s core business operations, excluding deductions for interest and taxes.
Variable Costs
Costs that fluctuate in direct proportion to changes in levels of production or sales volumes.
Fixed Costs
Financial obligations like rent, wages, and insurance that are stable and do not vary with the level of goods manufactured or sold.
Break-even
The point at which total revenues equal total costs, resulting in neither profit nor loss for the business.
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