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Unformatted text preview: generated is exactly equal to fixed costs. The breakeven point can help a firm plan for the volume necessary to cover its costs, and thereby know at what point they will begin to generate profits. If a firm is not reaching break even, they will need to either decrease costs (fixed or variable) increase sales volume, or increase sales price....
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This note was uploaded on 04/11/2011 for the course FIN 370 taught by Professor Unknown during the Spring '08 term at University of Phoenix.
- Spring '08