The break-even point can be defined as:
A) that volume of sales whereby total revenues from a project are equal to total variable costs.
B) that volume of sales whereby total revenues from a project are equal to total variable costs plus total fixed and investment costs.
C) that volume of sales whereby the present value of revenues from a project are equal to the summation of present values of total variable and fixed costs and the initial outlay.
D) that volume of sales whereby the present value of revenues from a project are equal to the summation of present values of total variable costs.
Correct Answer:
Verified
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