Break-even analysis ________.
A)is used to determine the number of units a company must sell to cover all of its costs
B)determines the amount of retained earnings a company will have during an accounting period
C)is a technique marketers use to examine the relationship between supply and demand
D)is used to determine how many more units need to be sold to increase market share by a specific amount
E)is a technique used to calculate contribution margin

Question

Quizplus · Accepted Answer

Break-even analysis is a financial tool used to determine the number of units a company needs to sell to cover all of its costs. It helps companies identify their breakeven point and make informed decisions about pricing, production, and sales.

Break-Even Analysis ________