Question: Why is the break - even point important to a business or industry?

Why is the break-even point important to a business or industry?
Why is the break-even point important to a business or industry?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

Principles of Electrical Engineering II 332:222 Spring 2025 Project #2. Background For this project you will be designing and simulating a three-way crossover network. These networks are commonly...

Q:

Hello, below is what needed for the 1st portion of my question: your health care business is beginning to take shape. Youve chosen products or services to offer, come up with a business model, and...

Q:

R&R Tax Service offers tax and consulting services to Individuals and small businesses. Data for fees and costs for three types of tax returns Tollow. Fixed costs total $51.520 Type of Return Easy...

Q:

Youve worked as a sales trainer in your company for the past ten years. Youve decided to start your own company, producing and marketing sales training videos. You will work out of your home. Two...

Q:

Is the break even point important over the long-run? We spend a lot of time focusing on the break even point , but is breaking even sufficient for a firm to survive in the future? Why or why not?

Q:

Finding the Break Even Point (BEP) for a business is very important. It shows us how many units of a product we must sell to cover our costs. Sometimes a product can be a service Nobody wants to just...

Q:

Explain clearly what is the break even point when running a business

Q:

The break even point of a poultry business

Q:

Discussion Board Questions: 1) Based upon your knowledge of Cost-Volume-Profit analysis (break even), how did GMs actions contribute towards lowering its breakeven point (consider all items that...

Q:

ADVISORTPERSPECTIVES How to Fix GM Robert Huebscher (note: this article was written prior to GM's historic reorganization) For more information on this topic, see our interview with Patrick Anderson...

Q:

Hi There I have attached an assignment where I need calculation only but you can help with the setup to inspired myself. It will be highly appreciated Please bear in mind that I have done it already...

Q:

How might managerial accounting tools help inside users make decisions proactively? What kinds of reports might be used?

Q:

Show that for every real number r, there exists an integer such that n

Q:

There are a number of different types of computer. Write down the type of computer that best fits the following descriptions. a. A computer that is difficult to move and has a separate monitor and...

Q:

Inventory records for Herb's Chemicals revealed the following: March 1, 2021, inventory: 1,950 gallons @ $9.10 per gallon = $17,745 Purchases: Sales: Mar. 10 790 gals @ $ 9.15 Mar. 5 590 gals Mar. 16...