what does it mean to “break even” in finance/business
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It’s means you “made” as much as you spent so you didn’t profit, but you didn’t lose money.
So say you start out with $200$, you spend 100$ on lemonade supplies that leaves you with 100$
If you make $50 selling lemonade, you’re now at $150 which is less than what you started with, so you lost $50
If you make $150 selling lemonade you’re at $250 so you profited $50
If you make 100$ selling lemonade, you’re back to having 200$. Which is exactly where you started. You broke even.
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