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PLEASE HELP. 1.Why is it important to distinguish between sustainable income and actual net income? Is one more important than the other? Please explain 2.Explain

PLEASE HELP.

1.Why is it important to distinguish between sustainable income and actual net income? Is one more important than the other? Please explain

2.Explain the difference between fixed and variable costs and give two examples of each. Can a company budget for variable costs? Explain.

3. Why is it important to determine a company's break-even point? (cost-volume-profit (CVP) analysis. )

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