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breakeven - Coggle Diagram
breakeven
BREAKEVEN CHARTS
shows costs, revenues and profit at any possible level of output for a business
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describes a position where a business is selling just enough to cover its costs without making profit
allows managers to have a minimum target of sales to aim for to ensure that they are not making a loss
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important for internal planning AND when trying to secure external fiance as should aka model perfect to show investors they can be trusted
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