InterviewSolution
Saved Bookmarks
| 1. |
Which Statements About Profit-volume Graphs Is Or Are Correct? |
|
Answer» Any point on the profit-volume line above the x-axis INDICATES the profit (as MEASURED on the VERTICAL axis) at that LEVEL of activity and The profit-volume line crosses the x-axis at the break-even point Any point on the profit-volume line above the x-axis indicates the profit (as measured on the vertical axis) at that level of activity and The profit-volume line crosses the x-axis at the break-even point |
|