Break-Even Analysis Assignment Help, in myhomeworkhelp.com
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What is Break-even analysis?
This is a major part of economics and deals with break-even point or BEP. It explains that point when the total cost and the total revenue is equal. It means there is neither a net loss nor a net gain and the graph is evenly broken between the two. Opportunity costs have been made and capital has been adjusted with return expectation here. But there has been no profit or loss as such. This happens even if the firm has paid all the due costs.
You will want to know what the purpose of this point is. Well, in order to deduce the minimum output to make a profit, the break-even analysis is made. In business and marketing strategy, this point helps to determine the impact made during earnings.
How is it used?
A very simple study, our expert practitioners will help you with Break-even Analysis Assignment Help. They will teach you how it is used as an analytical tool in management study. Not only this, break-even point dynamically views the relationship in sales management, profits and costs of a business.
Target sales in income and financial aspects use this method too; to deduce whether the target income is equal to zero or more than that.
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