Question
While financial and cash flow breakeven measures must account for taxes, accounting breakeven does not. Why? a. A firm with no profit or loss doesn't
While financial and cash flow breakeven measures must account for taxes, accounting breakeven does not. Why?
| a. | A firm with no profit or loss doesn't owe taxes or receive tax credits. | |
| b. | Breakeven analysis isn't concerned with taxes. | |
| c. | Financial and cash flow breakeven measures are wrong. | |
| d. | Accounting breakeven is wrong |
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Public Finance And Public Policy
Authors: Arye L. Hillman
2nd Edition
0521738059, 978-0521738057
