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3 Cards in this Set
- Front
- Back
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Breakeven graph |
A graphical representation that shows the intersection of the total revenue line and the total cost line at the sales volume where the company breaks even |
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Breakeven point |
The sales volume or sales revenue at which sales revenue is exactly equal to total costs, and there is no profit or loss |
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Margin of safety |
The difference between current sales and breakeven sales |
