ENTREPRENEURIAL PLANNING
FINANCIAL PLANNING AND ANALYSIS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following is a purpose of a break-even analysis?
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Helps to see if there is sufficient cash to pay short-term debt
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Helps to see how quickly a business could pay back a loan
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Helps an entrepreneur identify whether an idea is viable or not
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Can calculate the level of profit/loss at different levels of output
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Explanation:
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