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Financial Break-Even
The point at which total revenues equal total costs and expenses, resulting in neither profit nor loss.
Salvage Value
The estimated residual value of an asset at the end of its useful life.
Cash Break-Even
The point at which a business's cash inflows equal its cash outflows, excluding financing or investment income.
Straight-Line Depreciation
An operation for dividing up the expense of a tangible asset throughout its active life in uniform annual totals.
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