The sales level at which a company neither earns a profit nor incurs a loss is called the: _________
a. Relevant range.
b. Margin of safety.
c. Break-even point.
d. Contribution margin.
e. Target income.

Question

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18-02-2022
Business

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The sales level at which a company neither earns a profit nor incurs a loss is called the: _________
a. Relevant range.
b. Margin of safety.
c. Break-even point.
d. Contribution margin.
e. Target income.

Respuesta :

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Martebi Martebi · Answer 1 · 2022-03-03T09:34:01+01:00

The sales level at which a company neither earns a profit nor incurs a loss is called the Break-even point.

What is the Break-even point?

Break-even is known to be a point or a situation where a firm is said to neither is making money nor they are losing money.

At this point, all the costs are said to have been covered. Break-even analysis is known to be very vital in studying the linkage between the variable cost, fixed cost and revenue. At this point, a firm is neither earns a profit nor incurs a loss.

Learn more about Break-even point from

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The sales level at which a company neither earns a profit nor incurs a loss is called the: _________ a. Relevant range. b. Margin of safety. c. Break-even point. d. Contribution margin. e. Target income.

Respuesta :

What is the Break-even point?

Otras preguntas

The sales level at which a company neither earns a profit nor incurs a loss is called the: _________
a. Relevant range.
b. Margin of safety.
c. Break-even point.
d. Contribution margin.
e. Target income.