net operating income

net operating income In accounting and finance, earnings before interest and taxes, is a measure of a firm’s profit that excludes interest and income tax expenses. It is the difference between operating revenues and operating expenses.

Variable Costing System

Variable Costing System A Decision Making Tool for Management: After studying this chapter you should be able to: Explain how variable costing differs from absorption costing and compute unit product costs under each method Prepare income statements using variable and absorption costing. Reconcile variable

Contribution Margin Ratio (CM Ratio)

Learning Objectives: Define and explain contribution margin ratio. Calculate CM ratio. What is the importance and benefit of calculating CM ratio? Contribution margin percentage or average  Definition of Contribution Margin Ratio Formula Calculation Importance Review Problems Contribution Margin Ratio Calculator Definition of Contribution Margin Ratio: The contribution margin as a percentage of total