Examlex
Write in logarithmic form.
-
Break-Even
Break-even is the point at which total revenues equal total costs, resulting in no net profit or loss, indicating the volume of sales needed to cover costs.
Fixed Expense
Fixed expenses are costs that do not change with the level of production or sales volume, such as rent or salaries.
Target Profit
The target profit a business seeks to reach over a defined timeframe.
Unit Sales
The quantity of items or products sold, not taking into account the selling price or revenue generated.