Breakeven Point Is Fixed Cost Divided by Contribution Margin

question 94

True/False

Breakeven point is fixed cost divided by contribution margin.

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Definitions:

Business Strategy

A strategy that identifies how a division or strategic business unit will compete in its product or service domain.

SBU

Acronym for Strategic Business Unit, a separately managed division or unit of a company that has its own mission, objectives, and competitors.

Means-end Fashion

A logical manner of thinking that focuses on achieving specific outcomes through the most efficient use of resources or actions.

Competitive Advantage

A condition or circumstance that puts a company in a favorable or superior business position compared to its competitors.