Corporate Finance
Corporate Finance
12th Edition
ISBN: 9781259918940
Author: Ross, Stephen A.
Publisher: Mcgraw-hill Education,
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Chapter 7, Problem 4CQ

Break-Even Point As a shareholder of a firm that is contemplating a new project, would you be more concerned with the accounting break-even point the cash break-even point (the point at which operating cash flow is zero), or the financial break-even point? Why?

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