Running a Profitable Business: Calculating Breakeven
With Jim Stice and Earl Stice
Liked by 2,498 users
Duration: 1h 19m
Skill level: Intermediate
Released: 3/1/2016
Course details
Starting a business can be pricey. Breakeven analysis and cost-volume-profit analysis will help you understand when—and if—your business will start to recover those costs and begin making a profit. Understanding your breakeven point will help you to determine how much you need in revenue to keep your business going. Accounting professors Jim and Kay Stice walk through the breakeven equation, and cover types of costs, contribution margin, breakeven point, and net income. They also explain what each term means, and the importance of each, and offer examples from popular real-world companies.
Want to learn more? Learn about three types of accounting—financial, managerial, and income tax—in their Accounting Foundations course.
Want to learn more? Learn about three types of accounting—financial, managerial, and income tax—in their Accounting Foundations course.
Skills you’ll gain
Earn a sharable certificate
Share what you’ve learned, and be a standout professional in your desired industry with a certificate showcasing your knowledge gained from the course.
LinkedIn Learning
Certificate of Completion
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Showcase on your LinkedIn profile under “Licenses and Certificate” section
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Download or print out as PDF to share with others
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Meet the instructors
Learner reviews
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Jassim Al Ajmi
Jassim Al Ajmi
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Michelle Richardson
Michelle Richardson
Go the extra mile and render better service. - Napoleon Hill
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Ronald Delgado Marin
Ronald Delgado Marin
Senior Credit Risk Analyst en Stryker
Contents
What’s included
- Practice while you learn 1 exercise file
- Test your knowledge 6 quizzes
- Learn on the go Access on tablet and phone
- Stay up to date Continuing Education Units