You Are Planning to Open a New Restaurant and Need

question 15

Multiple Choice

You are planning to open a new restaurant and need to determine how many dinners need to be sold to stay above the break-even point. You will investigate Cost Volume Profit (CVP) , also known as break-even analysis.
-First you must understand break-even analysis.The definition of break-even point is where the total revenue _______ total expenses.

• A)is less than
• B)is greater than
• C)equals
• D)exceeds

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