5.5 Break-even analysis
Learning outcomesBreak-even analysis is a commonly used business management tool used by start-ups and firms deciding on whether to invest in certain projects or products. It is used to determine the level of sales needed in order to cover all the costs associated with the output of a particular good or service.Break-even charts were first popularized in the corporate world by Walter Rautenstrauch (1880-1951), Professor...
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