The break-even point ________.
a. occurs where a company's total revenue equals its total expenses
b. is the point at which a company neither earns a profit nor incurs a loss
c. tells a business owner the minimum level of activity needed to keep her company in operation
d. All of these
Ans: d. All of these
Business
You might also like to view...
The relationship between current liabilities and current assets is
A. useful in determining income B. useful in evaluating a company's liquidity C. Called the matching principle D. useful in determining the amount of a company's long-term debt
Business
Which of these is the right skill set of emotional intelligence?
A. encouraging coercion among employees B. showing empathy C. advising others how to stay happy at work D. maintaining the status quo E. avoiding constructive criticism
Business