break even point is beneficiary to the organisation how
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Break even point is beneficiary to the organisation
Explanation:
- Break even point is the point of no profit and no loss because the cost is equal to revenue.
- Break even point shows the starting point of profit, the area of loss and the margin of safety. It also shows the optimum level of operations.
- Break even point is a useful tool for management to take important decisions.
- Break even point is helpful to reach the target of the profit fixed.
- Break even point is used to know the economic strength and the weakness of the firm.
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break even point is beneficiary to the organisation how
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