Edwin has been working very hard since the establishment of his retail business.He is not far from the time when his revenues will match his expenses.Which of the following would best represent the time described?
A)Just-in-time scheduling
B)Base period
C)Monetary overhang
D)Breakeven point
E)Buydown

Question

Quizplus · Accepted Answer

The description of Edwin's retail business reaching the point where revenues match expenses is indicative of the breakeven point, which is the level of sales at which a business generates enough revenue to cover its total cost.

Edwin Has Been Working Very Hard Since the Establishment of His