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Which of the following is NOT a correct statement regarding break-even? Accounting break-even is the sales level that results in zero project net income. The

Which of the following is NOT a correct statement regarding break-even?

Accounting break-even is the sales level that results in zero project net income.

The cash break-even is the sales level that results in zero OCF.

The financial break-even is the sales level that results in zero NPV.

If there is depreciation the cash break-even will exceed the accounting break-even

Of the three break-evens, the financial break-even point is typically the highest.

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