Hi Chegg Team,

This is new question to be answer.

This week has focused on using several cost analysis tools to determine how well products contribute to a companys profitability. However, all of these tools are internally used and not required to be published outside of an organization. Instead, external stakeholders rely on the three key financial statements reviewed in Unit 1:

• Income Statement
• Balance Sheet
• Statement of Cash Flows)

If a companys CVP analyses showed it was not operating at break-even, where on the financial statements might one be able to see this impact (i.e., specific line items on the statements)?

Looking forward to your reply soon.

Akeem