What is Break Even?
March 4, 2012
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Break Even Break Even is point where sales – expenses = 0 It is calculated in units & R. It can take months or years
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Tag: loss
What is the relationship between Debt & Profit/Loss?
March 4, 2012
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The business has an obligation to repay the debt (principal & interest) Repaying interest on the debt applies whether the business makes a profit or
What is Sweat Equity?
March 4, 2012
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Sweat Equity, is where the entrepreneur Contributes time & effort, your “sweat” Contributes knowledge, skills & connections
What is Owner’s Equity?
March 4, 2012
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Owner’s Equity Owner’s Equity = Capital Contribution + Changes below Owner’s Equity Computation Capital contribution by the owner + Net Profit – Net Loss –