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What is Breakeven analysis? and also explain Non-linear break-even analysis with Merits and Demerits.
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written 24 months ago by
prajapatijaimin
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Solution:
Breakeven analysis:
Breakeven analysis is an important tool for profit planning in the hands of management.
It is usually desirable to have a low break-even point; the fewer chances are of operating the business at a profit over the years.
For example, in managing a hotel, a comfortable position …
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