81._______ is a situation of no profit no loss
Answers
Answer:
Break-even (or break even), often abbreviated as B/E in finance, is the point of balance making neither a profit nor a loss. Any number below the break-even point constitutes a loss while any number above it shows a profit.
Mark as brainliest answer✌
BREAK EVEN
Break even is a situation which occurs when there is no profit and no loss.
Characteristics of break even :
* Break-even (or break-even), also known as point of equilibrium in finance, is the point of balance where neither a profit nor a loss is made.
* Any number less than the break-even threshold is a loss, while any number greater than it is a profit. Although the phrase originated in finance, it has now been extended to a variety of areas.
* The break-even point (BEP) is the point in economics and business, specifically cost accounting, where cost or expenses and income are equal: there is no net loss or gain, and one has "broken even.
* Although opportunity costs have been "paid" and capital has received the risk-adjusted, projected return, there has been no profit or loss.