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The given statement exists true. That the basic form of cost-volume-profit analysis is often called break-even analysis.
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What is break-even analysis?</h3>
- By comparing the costs of a new business, service, or product to the unit sell price, a break-even analysis calculates the point at which you will become profitable.
- Break-even analysis focuses on determining what number of sales will prevent losses given the fixed and variable expenses.
- In other words, it indicates the point at which you will have sold enough units to pay for all of your costs.
Fixed Costs / Contribution Margin = Break-even point
- Cost-Volume-Profit Analysis (CVP analysis), also commonly referred to as Break-Even Analysis.
To learn more about break- even analysis, refer to:
brainly.com/question/21137380
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The Olive Branch Petition was a last-minute attempt by members of the American colonies to avoid war with Great Britain by declaring their loyalty to the British Crown. However, the petition still asserted the rights outlined in the Declaration of Independence, and King George III formally declared the colonies to be in rebellion.
<span>(B) is the most correct answer. Social Security becomes the main way a person earns income after they reach the age of at least 62. This way, a person who has retired from the workforce can still draw an income and be able to live comfortably without having to worry about having a retirement plan in place.</span>
