COST ACCOUNTING
BREAK EVEN POINT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Income
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Turnover
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Profit
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Cash inflows
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Receipts
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Detailed explanation-1: -Revenue, also known simply as “sales", does not deduct any costs or expenses associated with operating the business.
Detailed explanation-2: -Revenue is the money a company earns from the sale of its products and services. Cash flow is the net amount of cash being transferred into and out of a company.
Detailed explanation-3: -The figure which remains finally after subtracting the cost from the revenue is also called the operating margin.
Detailed explanation-4: -What is a cost revenue ratio? The cost revenue ratio is a measure of efficiency that compares a company’s expenses to its earnings. It considers the cost of revenue and the total revenue. The cost of revenue includes all the expenses of manufacturing, including marketing and shipping costs.