Pre-Assessment: Profit and Loss Analysis

The amount left from the revenue (or sales) after all costs (or expenses) had been deducted.

• Profit

• Loss

• Break-Even Point

• Fixed Cost

it is what occurred when the cost and expenses exceed the revenue or sales.

• Profit

• Loss

• Variable Cost

• Fixed Cost

the sales quantity where sales revenue will EQUAL all the costs used to obtain such revenue.

• Loss

• Profit

• Break-Even Point

• Fixed Cost

expenses that vary depending on sales

• Fixed Cost

• Variable Cost

expenses that remain the same regardless of the increase and decrease in sales

• Fixed Cost

• Variable Cost