Identify the Following Terms

question 31

Short Answer

Identify the following terms.
-Gorée

---

Definitions:

Option to Expand

The option to expand is a strategic flexibility available to companies, allowing them to increase their investment in a project based on future market conditions or performance indicators.

Cash Break-even

The point where a business's cash inflows match its cash outflows, excluding non-cash expenses, indicating no net gain or loss.

Accounting Break-even

The point at which a company's total revenues equal its total expenses, and it begins to make a profit.

Financial Break-even

The point at which total revenues exactly cover total costs, resulting in no profit or loss.