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ACTG-6144
Break-even Point is the point...
Break-even Point is the point of activity level where total revenue is equal to total cost.
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Similar ACTG-6144 questions
Businesses are established because owners are just after the break-even point.
The Graphic Approach is the widely used method in calculating the break-even point.
At Break-even Point, there could either be a net income or net loss.