Assignment on breakeven analysis

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Reference no: EM132898573

Do you agree or disagree, why or why not with the below statement.

Breakeven Analysis:

Starting of break-even analysis is a financial tool that lets you figure out when your company, operation, or product will break even. It's a financial calculation that determines how many goods or services a business has to sell in order to cover its expenses, especially fixed costs. It will assist the corporation in better understanding the company's sales, expenditures, and cash flow, which is critical. In other words, it's a financial equation that determines how many goods or services you'll need to sell to cover your expenses.

Reference no: EM132898573

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