Asked by eisha tayyab on Jun 29, 2024
Verified
The __________ occurs where losses end and the firm begins to make a profit.
A) hot stove point
B) net margin
C) break-even point
D) current ratio
E) debt ratio
Break-Even Point
The point at which total cost and total revenue are equal, meaning there is no net loss or gain, and the business starts to generate profit beyond this point.
Net Margin
A financial metric that measures the percentage of net income to revenue, indicating the profitability of a company after all expenses.
- Understand the methods for evaluating work productivity and efficiency.
Verified Answer
HC
Huber CoelloJul 05, 2024
Final Answer :
C
Explanation :
The break-even point is where total costs equal total revenue, meaning the business is not making a loss but is just starting to make a profit.
Learning Objectives
- Understand the methods for evaluating work productivity and efficiency.