Which is the appropriate definition of break-even point

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Reference no: EM132811827

Problem 1: Which of the following is an advantage to using the payback period method to capital budgeting evaluations?

Group of answer choices:

a. Easy understanding

b. All cash flows are relevant

c. Use of Time Value of Money

d. Objective results

Problem 2: Which evaluation method provides dollar-value results in financial management to capital investments?

Group of answer choices:

a. Net Present Value

b. Internal Rate of Return

c. Profitability Index

d. Payback Period

Problem 3: A bond that has a yield to maturity greater than its coupon interest rate will sell for a price:

Group of answer choices:

a. below par

b. at par

c. above par

d. that has not effect

Problem 4: Which is the following is the appropriate definition of "break-even point"?

Group of answer choices:

a. Total sales needed to cover the costs of the business.

b. The point at which sales revenue = fixed costs.

c. The difference between selling price and total variable costs.

d. The revenue gained from selling every unit of output made.

Reference no: EM132811827

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