What is breakeven point for each parameter if initial investment is £30K, yearly revenue £20K, Yearly expenditure £5K, market value £1k while useful life is 5 years and MARR is 8%. Also find n at breakeven point.
What is breakeven point for each parameter if initial investment is £30K, yearly revenue £20K, Yearly expenditure £5K, market value £1k while useful life is 5 years and MARR is 8%. Also find n at breakeven point.
The total cost includes both fixed costs such as the initial investment and variable costs such as yearly expenditure. On the other hand, profit is the financial gain or benefit that a company or individual realizes from a business activity or investment, after deducting all expenses and costs related to that activity or investment.
Breakeven point is the point at which the total cost of a product, service, or project is equal to the total revenue generated by that product, service, or project. The breakeven point is an important concept and it helps businesses to determine the minimum level of sales or revenue needed to cover their costs and to make a profit.
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