The break-even level of revenues represents the point at which the firm has:
A) zero pretax profit.
B) zero net present value.
C) covered all opportunity costs.
D) covered all fixed and variable costs.

Question

Quizplus · Accepted Answer

The break-even level of revenues is the point at which total revenues equal total costs (both fixed and variable), resulting in zero pretax profit.

The Break-Even Level of Revenues Represents the Point at Which