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Explain two reasons why it is important for the Accountant in to know the Breakeven Point of the company.

      

Explain two reasons why it is important for the Accountant in to know the Breakeven Point of the company.

  

Answers


Lydia
Two reasons for importance of Breakeven Point from the following:
• It shows the amount of sales required to make a profit
• It shows the price which needs to be charged for books
• It shows the level of costs which the business can bear
• It sets a target for the business to aim for
• Shows the point of survival
lydiajane74 answered the question on July 22, 2018 at 20:29


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