This book explains the vocabulary of cost-volume-profit (breakeven) analysis (CVP) explores the breadth of applications of CVP and illustrates the use of CVP concepts in a broad range of management and marketing scenarios. The book examines the proper identification of a 'unit' the various formulations of breakeven profit planning using the breakeven formulas and the application of CVP in sensitivity analysis. Each chapter will offer several important ingredients for a practical 'how to' approach: the type of data needed the formula how to calculate and interpret the math a specific example followed by a brief review of the assumptions and limitations of that method.
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