Break even point

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Margin of safety

difference between your actual or expected profitability and the break even point.

break even

Costs and expenses equal to income revenues

Contribution Margin

The amount remaining from sales revenues after all variable expenses have been deducted.

Target Net Income

The sales necessary to achieve a specified level of income.

break-even point

the point at which the costs of producing a product equal the revenue made from selling the product


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Chapter 11 - Project Risk Management

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