Btec Business Revision Questions &
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Practice questions for this set
Learn 1 /7 Study with Learn
cash flow forecasting
Give this one a try later!
planning tool, it helps
businesses avoid the risk
of serious money 2 sales forecasting
problems and to plan for
success
3 writing a memo 4 break even analysis
, Don't know?
Terms in this set (55)
When revenue and expenditure are the
Breakeven
same. there is no profit or loss
variable costs raw materials, change as output increases
is the amount by which sales would have
margin of safety to fall before the break-even point is
reached
total costs fixed costs plus variable costs
when a business has made enough money
break-even point through product sales to cover the cost of
making the product
total revenue divided by maximum
selling price
number of products
increasing the price break even point falls
reduce the price break even point becomes higher
planning tool that helps businesses to
break even analysis make the right decisions and increase their
chances of success
business knows the fixed and variable
costs linked to a product.
benefits of break the business can set the best price for a
even analysis product.
it allows the business to set a margin of
safety.
Answers Updated Solution
Save
Practice questions for this set
Learn 1 /7 Study with Learn
cash flow forecasting
Give this one a try later!
planning tool, it helps
businesses avoid the risk
of serious money 2 sales forecasting
problems and to plan for
success
3 writing a memo 4 break even analysis
, Don't know?
Terms in this set (55)
When revenue and expenditure are the
Breakeven
same. there is no profit or loss
variable costs raw materials, change as output increases
is the amount by which sales would have
margin of safety to fall before the break-even point is
reached
total costs fixed costs plus variable costs
when a business has made enough money
break-even point through product sales to cover the cost of
making the product
total revenue divided by maximum
selling price
number of products
increasing the price break even point falls
reduce the price break even point becomes higher
planning tool that helps businesses to
break even analysis make the right decisions and increase their
chances of success
business knows the fixed and variable
costs linked to a product.
benefits of break the business can set the best price for a
even analysis product.
it allows the business to set a margin of
safety.
