Question

What Does Break Even Mean in Business?

Answer 1

Break even means that point where a business is neither making profit nor loss. In other words, it can be referred to as the situation where revenue equals cost. Any value below the break even point is identified as loss for the business and any value above it is considered as a profit.

Also read:

• MCQs on Goodwill
• Intangible Assets
• Tangible Assets
• Difference Between Assets and Liabilities
• Methods of Valuation of Goodwill

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