The point when the company makes exactly enough money to pay for itself, without making extra as a profit is the C. Break even point
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Answer: Statement D
Explanation: Qualitative characteristics are those characteristics the values of which cannot be calculated appropriately and the one that cannot be recorded in the books as they do not have any quantitative value.
In the given problem cost of machine at which it is purchased is its value, Depreciation is the value of original cost which has been used and amount at which the machine used can be sold is its value.
Hence among all the options Option D shows qualitative characteristics.
In general, business writing should be _____.
a.
Easy to read quickly
The correct answer is A.
GDP consists of all FINAL goods and services, and the only way it can be measured is through market prices.
