The lower a firm's break-even point, the lower amount of quantity which needs to be sold in order to reach a profit of zero. True or False True False

Fundamentals Of Financial Management, Concise Edition (mindtap Course List)
10th Edition
ISBN:9781337902571
Author:Eugene F. Brigham, Joel F. Houston
Publisher:Eugene F. Brigham, Joel F. Houston
Chapter13: Capital Structure And Leverage
Section: Chapter Questions
Problem 2Q: Would each of the following increase, decrease, or have an indeterminant effect on a firms...
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The lower a firm's break-even point, the lower amount of quantity which needs to be sold in order to reach a profit of zero.
True or False
True
False
Transcribed Image Text:The lower a firm's break-even point, the lower amount of quantity which needs to be sold in order to reach a profit of zero. True or False True False
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