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Express in exponential form: log10 = -2
Break-even Point
The financial stage at which total revenues equal total expenses, indicating that a business is neither making a profit nor incurring a loss.
Variable Expenses
Costs that change in proportion to the level of activity or volume of production.
Sales
The transactions involving the exchange of goods or services for payment.
Net Operating Income
A measure of profitability that calculates the difference between a company's operating revenue and its operating expenses, excluding taxes and interest.
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