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Break-even calculation: Break-even is when revenue equals total costs, calculated as fixed costs divided by (selling price - variable costs). This tells a business how many products it needs to sell ...
In the world of business, knowing when your venture becomes profitable is essential. The break-even point is a critical financial metric that indicates when your total revenues equal your total costs, ...
Students sitting Leaving Certificate Accounting Higher Level may have been surprised with the part of a question that required them to sketch a graph of a break even point. It was Section 3 Q8, a (ii) ...