Asked by lauren delancellotti on Jun 09, 2024
Verified
Even if a business sells six products, it is possible to estimate the break-even point.
Break-even Point
The Break-even Point is the financial state at which total revenues equal total expenses, resulting in neither profit nor loss, and is crucial for assessing the viability of projects or businesses.
- Evaluate the possibility of determining the break-even point for companies dealing in diverse products.
Verified Answer
AM
Anthony McleanJun 11, 2024
Final Answer :
True
Explanation :
The number of products a business sells does not determine whether or not the break-even point can be estimated. As long as the business has fixed and variable costs, it is possible to calculate the break-even point.
Learning Objectives
- Evaluate the possibility of determining the break-even point for companies dealing in diverse products.