5. Explain the term “Break Even Point” what are its use
బ్రేక్ ఈవెన్ పాయింట్ అనే పదమును వివరింపుము. దాని వలన లాభాలేవి?
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Explanation:
Definition: The break even point is the production level where total revenues equals total expenses. In other words, the break-even point is where a company produces the same amount of revenues as expenses either during a manufacturing process or an accounting period.
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