COST ACCOUNTING
BREAK EVEN POINT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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A breakeven analysis would be interesting for
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An entrepreneur
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A potential investor
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A business owner
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All of the above
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Explanation:
Detailed explanation-1: -A break-even analysis is an economic tool that is used to determine the cost structure of a company or the number of units that need to be sold to cover the cost. Break-even is a circumstance where a company neither makes a profit nor loss but recovers all the money spent.
Detailed explanation-2: -Hence the break-even analysis considers both fixed cost and variable cost.
There is 1 question to complete.