If a Massive Rockslide Occurred in Northern British Columbia and Completely

question 53

True/False

If a massive rockslide occurred in northern British Columbia and completely covered the floor of a mountain valley with rubble,the event would be called a natural disaster.

---

Definitions:

Break-even Point

The financial analysis point at which total revenues equal total costs, resulting in no profit or loss.

Target Profit

The anticipated profit a business aims to achieve within a specific period, guiding pricing and production decisions.

Contribution Margin Ratio

The proportion of sales revenue that exceeds variable costs, indicating the percentage of each sales dollar available to cover fixed costs and provide profit.

Fixed Monthly Expenses

Regular expenses that do not vary in amount from month to month, such as rent and salaries.