Business Studies Recap Day 24 - Analysing Break Even Charts
On day 24 of the Year 12 recap, our analysis of break-even points continues by looking at break-even charts.
A business can use a break-even chart to identify the point at which the business is expected to generate enough sales revenue to cover the expenses that the business is likely to accrue. The advantage of using these charts is that it visually represents the expected course of direction for the business and can be used to highlight how the break-even point changes as the dynamics of the business itself and the market in general changes.
Here Jack guides you through the revision slide on break-even charts: