Difference between revisions of "Break-even point"
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Latest revision as of 02:15, 30 October 2019
Break-even point is the level of unit sales at which costs equal revenues.
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Break-even point. The level of unit sales at which costs equal revenues.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.