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Canadianfox
Canadianfox Canadianfox
  • 26-08-2015
  • Mathematics
Answered

A business has a netloss of $419.18 Does that mean the breakeven is 419.18??

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AL2006
AL2006 AL2006
  • 26-08-2015

It means that everything the business took in was $419.18 less than everything it spent to be in business during the same period of time.
It doesn't tell you what either of those amounts was. Just the difference between them.

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Jehyre Jehyre
  • 26-08-2015

No. The break-even is always equal to zero, meaning you did not lose money or make money, you just broke-even.

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