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Define breakeven point for a business and how it is calculated. Why is so much emphasis placed on budgets in today's corporate america? Do you

Define breakeven point for a business and how it is calculated. Why is so much emphasis placed on budgets in today's corporate america? Do you think that budgets are a good financial projection, or do you think that most businesses create underestimated budgets in order to be able to meet financial goals? Discuss and give examples.


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