Break Even Flashcards

1
Q

What is the equation for break even

A

Fixed costs divided by selling price - variable costs per unit

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

What is the definition of break even

A

Break even is when the profits are equal to the total costs

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Advantages of break even

A

Know the risks of starting the business

How well did you know this?
1
Not at all
2
3
4
5
Perfectly