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1. How much profit or loss determines the break-even point, EBIT? 2. Jimmy sells gadgets for $40 each. Jimmys fixed costs are $2000. Jimmys variable

1. How much profit or loss determines the break-even point, EBIT?

2. Jimmy sells gadgets for $40 each. Jimmys fixed costs are $2000. Jimmys variable costs are $ 20.

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