by Phillip | Jul 9, 2017 | Accounting
The number that a business needs to cross in order to make a profit is called the break-even point. It is very important to know the break-even point of a business as it provides guidance by letting it known that how much revenue should be generated by a business to...
by Phillip | Jul 9, 2017 | Accounting
For individuals who have subjects such as cost accounting, economics and business studies in their curriculum, break-even analysis is a term that such individuals ought to hear more often than not. This is because break even analysis is an important topic as far as...
by Phillip | Jun 15, 2017 | Accounting
Break-even analysis is one of the important topics of economics, costing or business studies. The analysis helps you in determining the expenses you need to manage to surpass the break-even point for gaining profits. Hence, it deals with managing your break-even...