Unit 8: THE BREAK - EVEN POINT

Sealing ………. during drilling considerably reduces the risk of lost circulation during cementing.

• A. slump

• B. delicate

• C. loss zones

• D. profit zone

You can use this formula to help you set ……… pricing and sales goals for your marketing.

• A. margin

• B. optimal

• C. costs

• D. between

If you are above the break-even point you are in the …….. ; but below it a company is in the ……

• A. profit zone/ loss zone

• B. pricing/ cost

• C. loss zone/ profit zone

• D. revenue/ margin ratio

…… is where the revenue from sales just covers all those costs that were incurred in making them.

• A. margin ratio

• B. profit

• C. break- even point

• D. profit zone

The two demons were ………. a silent staring contest.

• A. between

• B. locked in

• C. fixed costs

• D. break even point

……… are the costs that stay the same, regardless of other factors like production output.

• A. variable costs

• B. raw materials

• C. contribution Margin

• D. fixed costs

To ……..  is to decrease for a long period.

• A. recoup

• B. cover

• C. know

• D. slump

If you generate $2,000 in revenue and your margin is $100, your margin will be:

• A. 0.05

• B. 0.01

• C. 0.2

• D. 0.02

Margin ratio is ……… divided by ……..

• A. margin/profit

• B. margin/revenue

• C. fixed costs/margin ratio

• D. net sales/ net income

Meaning of the picture:

• A. sale price

• B. delicate balance

• C. the break even point

• D. optimal price