Which of the following business decisions can be improved using breakeven analysis?
A) New product decisions
B) An expansion in the level of the firm's operations
C) Modernization and automation projects
D) An evaluation of the riskiness of operations
E) Breakeven analysis can be used to improve all of the above business decisions

Question

Quizplus · Accepted Answer

Breakeven analysis can be used to improve all of the above business decisions. It helps in determining the level of sales required to cover all the fixed and variable costs, making it useful in evaluating the viability of new products, expanding operations, modernization and automation projects, and also in assessing the riskiness of operations.

Which of the Following Business Decisions Can Be Improved Using