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At which latitude would you most likely find deserts?
Break-even
The point at which total revenues equal total costs, resulting in no net profit or loss.
Accounting Break-even
The point at which a company's revenues exactly cover its expenses, without generating a profit or a loss.
Cash Break-even
Cash break-even is the point at which a business generates just enough revenue to cover its cash outflows, without making a profit or loss.
Financial Break-even
The point at which total revenues equal total costs, resulting in neither profit nor loss.
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