Which of the following can be used by an entrepreneur to help determine how much money will be needed to start a new business?
A) Adverse selection reports.
B) Convertible securities.
C) forfeiture provisions..
D) Breakeven analysis.
E) Asset-based financing reports..

Question

Quizplus · Accepted Answer

Breakeven analysis helps an entrepreneur determine at what point the revenue generated by the business will cover its expenses, thus providing a rough estimate of how much money is needed to start the business. A breakeven analysis typically takes into account the fixed costs, variable costs, and selling price of the product or service the business offers.

Which of the Following Can Be Used by an Entrepreneur