answersLogoWhite

0

Breakeven is the point at which total revenues equal total costs, resulting in neither profit nor loss. It is commonly used in business to determine the minimum sales volume needed to cover expenses. The breakeven point can be calculated in units sold or in sales revenue. Understanding this metric helps businesses make informed decisions about pricing, budgeting, and financial planning.

User Avatar

AnswerBot

1mo ago

What else can I help you with?