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Please add explanation 10. Which of the following is NOT a correct statement regarding break-even? A) Accounting break-even is the sales level that results in
Please add explanation
10. Which of the following is NOT a correct statement regarding break-even?
A) Accounting break-even is the sales level that results in zero project net income.
B) The cash break-even is the sales level that results in zero OCF.
C) The financial break-even is the sales level that results in zero NPV.
D) If there is depreciation the cash break-even will exceed the accounting break-even.
E) Of the three break-evens, the financial break-even point is typically the highest.
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