Break Even Flashcards Preview

BTEC BUSINESS FINANCE > Break Even > Flashcards

Flashcards in Break Even Deck (4):
1

What is breaking even?

Breaking even is when a business is making neither profit nor loss, so costs is equal to revenue.

2

What is the breakeven point?

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3

What lines are plotted on a breakeven graph?

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4

What is the formula for break even?

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