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The break-even point (BEP) in economics, business—and specifically cost accounting—is the point at which total cost and total revenue are equal, i.e. "even". In layman's terms, after all costs are paid for there is neither profit nor loss.
Break-even (or break even), often abbreviated as B/E in finance (sometimes called point of equilibrium), is the point of balance making neither a profit nor a loss. It involves a situation when a business makes just enough revenue to cover its total costs. [ 1 ]
Module:Chart creates bar and pie charts on Wikipedia without need for external tools; Many spreadsheet, drawing, and desktop publishing programs allow you to create graphs and export them as images. gnuplot can produce a wide variety of charts and graphs; see samples with source code at Commons. In Python using matplotlib
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A margin of safety (or safety margin) is the difference between the intrinsic value of a stock and its market price.. Another definition: In break-even analysis, from the discipline of accounting, margin of safety is how much output or sales level can fall before a business reaches its break-even point.
Charts are generated by the usual method of selecting a data range and clicking a toolbar icon. The approach is to start minimally, but double clicking the chart opens a tabbed dialogue, giving a high level of control over all elements of the chart, which are arranged in a hierarchical, nested structure.
One can decompose total costs as the sum of fixed costs and variable costs.Here output is measured along the horizontal axis. In the Cost-Volume-Profit Analysis model, total costs are linear in volume.
He coined the term break-even point, [2] and developing the break-even chart together with Charles Edward Knoeppel. [ 3 ] Rautenstrauch was instrumental in the creation of Columbia University's Department of Industrial Engineering, which is said to be the first such department in the United States.