Question : --------------- is the point where total costs are exactly equal to the total sales. At this point, there is neither any profit nor any loss. It can also be termed as ‘No-profit-No-loss’ point.
Option 1: Break-Even Point Analysis
Option 2: Common Size Statements
Option 3: Both 1 and 2
Option 4: None of the above
Correct Answer: Break-Even Point Analysis
Solution : Answer = Break-Even Point Analysis
The break-even point is the point at which your costs and income are equal. All entrepreneurs can benefit from break-even analysis as it can help them determine the lowest possible price for their goods and services by displaying their existing variable and fixed expenses.
Hence, the correct option is 1.