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Introduction to Break-Even Analysis | Managerial Accounting
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In this video, we'll take a look at the basic concept of break-even analysis. Break-even analysis is done to figure out the point at which a project or company will start generating profits. We will learn the formula to calculate a break-even point, demonstrate it using some simple examples, and explore why companies need break-even analysis in their accounting practice.
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00:00 Intro
00:18 Definition
00:23 Exercise 1
01:39 Why does a company need break-even analysis?
02:14 Exercise 2
03:09 Recap
About Chegg:
Chegg is a leading education technology company that provides students with affordable and accessible study resources. Chegg's mission is to help students save time, save money and get smarter.
00:00 Intro
00:18 Definition
00:23 Exercise 1
01:39 Why does a company need break-even analysis?
02:14 Exercise 2
03:09 Recap
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