An Entrepreneur Must Graph at Least Two Numbers-Total Sales and Total

question 31

True/False

An entrepreneur must graph at least two numbers-total sales and total expenses-when using the graphic approach for break-even analysis.

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Definitions:

Dividends

Funds disbursed by a corporation to its shareholders, often derived from the corporation's earnings.

Revenues

The income generated from normal business operations, typically from the sale of goods and services to customers.

Expenses

The depletion or expenditure of resources during a company's operational activities aimed at creating income.

Net Income

The ultimate earnings of a company, determined by subtracting all operational costs and governmental levies from its revenue.