The Number of Units of a Product That Must Be

question 154

Multiple Choice

The number of units of a product that must be sold for total revenue to equal total costs is called the

• A) equilibrium volume.
• B) balanced quantity.
• C) contribution margin.
• D) break-even point.

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Definitions:

Yield-to-Maturity

The total return anticipated on a bond if the bond is held until its maturity date, expressed as an annual rate.

Tax Rate

The percentage defining how much of a person's or business's income is allocated to taxes.

Bond Issues

Financial securities issued by corporations or governments to raise capital by borrowing from investors, to be repaid with interest at maturity.

Cost of Preferred Stock

The required rate of return for a firm's preferred stock, considering dividend payouts and the stock's price.