Break even analysis
A method for simply and graphically illustrating the forecast of a company's projected revenue and calculating when profitability will be reached. It is used by financial and marketing strategists to predict the effect that changes in price will have on the percentage change in sales over time.
LMC Courses cover over 150 business skills. If you are interested in learning about and acquiring a skill in
BREAK EVEN ANALYSIS, the following courses may be of interest:
- Essential Management Accounting F69
This course will explore cutting edge management accounting techniques and how they can transform an organisation's operations and prospects. Successful application of these techniques will help organisations achieve and sustain competitive advantage.
- Financial Analysis and Evaluation F03
This course is designed to review the concepts and practice the techniques of budgeting, financial planning and analysis.