Solving problems to determine the relationship of cost,volume,and profit often starts with measuring the ________ point.Further analysis emphasizing profitability may be accomplished by measuring the ________ and ________.

Break-Even Point

The financial point at which total revenues exactly equal total costs, resulting in neither profit nor loss.

Profitability

An indicator of how effectively a company generates profit from its revenues, often measured by profit margins or return on investment.

Cost

The value of money that has been used up to produce something or deliver a service, and hence is not available for use anymore.