BREAK-‐EVEN ANALYSIS INTRODUCTION • Every business manager should want to know how many products need to be sold or services provided to cover the total costs of the business. That is they need to know what it takes to break even. • If a business cannot break-‐even then decisions need to be made to correct the situation
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What is break-even analysis? Analysis to establish that the point‚ by which the income received equals the costs tied together with obtaining the income. Break-even analysis predicts what is known as the margin of safety‚ amount which the income exceeds break-even point. It is an amount that the income can fall while still staying above the break-even point. What is break-even point? The break-even point is‚ a point‚ by which increases equal losses in general. The break-even point determines when
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Introduction: Break-even analysis is a technique widely used by production management and management accountants. It is based on categorizing production costs between those which are "variable" (costs that change when the production output changes) and those that are "fixed" (costs not directly related to the volume of production). Total variable and fixed costs are compared with sales revenue in order to determine the level of sales volume‚ sales value or production at which the business makes
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Break-even (economics) In economics & business‚ specifically cost accounting‚ the break-even point (BEP) is the point at which cost or expenses and revenue are equal: there is no net loss or gain‚ and one has "broken even." A profit or a loss has not been made‚ although opportunity costs have been "paid‚" and capital has received the risk-adjusted‚ expected return.[1] It is shown graphically as the point where the total revenue and total cost curves meet. In the linear case the break-even point
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Why is productivity growth important in our economy? This is the first question that we should be asking ourselves before analyzing its components. Productivity growth is one of the determinants of the growth in wages and living standards in a country. Productivity growth its followed from improvements in the production process. If efficiency increases‚ output must increase faster than inputs in order to achieve efficiency. Achieving labour productivity growth is a key determinant of long term growth
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to eat fast food??? Nowdays people’s lives are becoming faster and faster. Because of a tight schedule‚ many people decide to eat fast food. Fast food is a western food. Fast food refers to any poor nutrition food that is easily prepared. Fast food may include chips‚ hot pies‚ sandwiches‚ burgers‚ kebabs‚ pizzas‚ soups‚ and salads. It also includes drinks‚ for instance‚ milkshakes‚ and soft drinks. Fast food has advantages and disadvantages. Some of the advantages of fast food are that fast food is
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resulting in her neck growing to absurd lengths. These constant fluctuations exemplify the way a child may feel as his or her body develops and changes during puberty. We have all been there: the unfortunate acne‚ the voice cracks‚ as well as a handful of other unexpected changes. It is something that we are all forced to endure at some point in our lives. Something a little bit more obscure that encompasses this adolescence is the misconception that physically growing up is the same thing as
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Future of North Korea Economy: Politics Over Economic Policy The terms starvation‚ isolation‚ totalitarianism‚ and nuclear ambitions combined would remind most people the hermit kingdom in East Asia‚ the Democratic People’s Republic of Korea‚ and its Kim dynasty. After the demise of the aged dictator Kim Jong Il in December 2011‚ the country went through a period of mourning the death of their “beloved” Great General and‚ undergoing a power succession to his 29-year-old son‚ Kim Jong Un. He
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unions In the future regional economy Abstract Credit unions are unique cooperative financial institutions the can provide banking facilities to the financially excluded. Most recently‚ in the UK sector has experienced strong growth over the past two decades. Also‚ the sophistication of the movements within different area linked to a growing awareness. This paper seeks to explore the complex understanding of credit union and analysis the role of local credit unions in the future regional
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Introduction: Fast food is the term given to food that can be prepared and served very quickly. While any meal with low preparation time can be considered to be fast food‚ typically the term refers to food sold in a restaurant or store with low quality preparation and served to the customer in a packaged form for take-out/take-away. History: The concept of ready-cooked food for sale is closely connected with urban development. In ancient Rome cities had street
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