The breakeven point tells the entrepreneur __________.
A) when the business begins to make a profit
B) the volume of sales at which the business will neither make a profit nor incur a loss
C) the value of sales needed to cover total variable and fixed expenses
D) the volume of sales at which the business will neither make a profit nor incur a loss and the value of sales needed to cover total variable and fixed expenses
E) None of the answers apply.

Question

Quizplus · Accepted Answer

The breakeven point indicates both the volume of sales at which the business will neither make a profit nor incur a loss and the value of sales needed to cover total variable and fixed expenses.

The Breakeven Point Tells the Entrepreneur __________