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1. Know the formula for each of the following. Free cash flow Contribution margin; contribution margin ratio in $'s & on a per unit basis
1. Know the formula for each of the following.
Free cash flow
Contribution margin; contribution margin ratio in $'s & on a per unit basis
Inventory fluctuation
Cost of goods manufactured & cost of goods sold
Net operating income
Return on investment & its components
Residual income
Margin
Turnover
High-low cost estimation method
Minimum required return
Break-even point
Gross Margin
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