Why is a break-even analysis important to a new business?
What will be an ideal response?
A break-even analysis is important to a new business because it projects the position of a company to determine not only the viability of the new venture but also a realistic assessment of whether this is the best path for the entrepreneur to take.
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A project manager bases his time and labor estimates on a learning curve of 86%. The actual learning curve turns out to be 89%
The manager, because of the decreased learning, will complete his project in more time and with more labor use than his estimate suggested. Indicate whether the statement is true or false
Stocks from outside the United States have about the same volatility as those from U.S. markets
Indicate whether the statement is true or false.
Financial ratios comprise the principal tool of financial analysis since they can be used to answer a variety of questions regarding a firm's financial condition
Indicate whether this statement is true or false.
What is meant by the terms "favorable" and "unfavorable" leverage?
What will be an ideal response?