With an Existing Business,the New Owner Can Depend on Employees

question 37

True/False

With an existing business,the new owner can depend on employees to help him/her make money while he/she is learning the business.

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Definitions:

Operating Cash Flow

The cash generated from a company's regular business operations, indicating its ability to generate sufficient cash to maintain operations.

Accounting Break-even Point

The point at which total costs and total revenues are equal, resulting in no net loss or gain.

Fixed Cost

are business expenses that remain constant regardless of the level of production or sales, such as rent or salaries.