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Asked by dorothy butra on Sep 26, 2024

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Break-even analysis is an ideal tool for determining employee wages.

Break-even Analysis

Break-even analysis is a financial calculation used to determine the point at which revenue equals costs, indicating no net loss or gain, and is used for decision making in business planning.

Employee Wages

Employee wages refer to the fixed regular compensation paid by employers to employees for their labor or services, typically expressed as an hourly, daily, or monthly rate.

  • Grasp the concept and application of break-even analysis in business operations.
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Nichole Anderson1 day ago
Final Answer :
False
Explanation :
Break-even analysis is a financial tool used to determine the level of sales needed to cover all expenses and make a profit. It does not directly determine employee wages, which are generally determined by industry standards, company budgets, and negotiating with employees or labor unions.

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