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Question 21 The __ Is the Point at Which a Company Is Not Making a Profit or a Loss. Capital Cost Allowance Point Break-even Point

Question

Question 21 The __ is the point at which a company is not making a profit or a loss. capital cost allowance point break-even point sensitivity point net present value

Solution

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Answer

The correct answer is:break-even pointThe break-even point is the point at which a company is not making a profit or a loss. It is the level of sales at which total revenues equal total costs, resulting in zero net income.