What Is the Break-Even Point

question 58

Multiple Choice

What is the break-even point?

• A)Total revenue minus total cost.
• B)Profit is greater than zero.
• C)Total contribution margin equals total fixed cost.
• D)Margin of safety is positive.

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Definitions:

Long-Term Assets

Assets that are expected to provide economic benefits to a firm for more than one fiscal year, such as land, buildings, and machinery.