T
Thrava
Hello Group,
Need help with a way to perform this breakeven calculation.
say we have
2004 2005 2006 2007 2008
Revenue $20,000 $66,000 $74,000 $45,000 $88,000
Expense $80,000 $95,000 $25,000 $1,000
I need to calculate at what year we'll have a breakeven..
i.e the sum of revenues is equal to sum of expenses and
the answer be given in number of years.
How can I do this?
Need help with a way to perform this breakeven calculation.
say we have
2004 2005 2006 2007 2008
Revenue $20,000 $66,000 $74,000 $45,000 $88,000
Expense $80,000 $95,000 $25,000 $1,000
I need to calculate at what year we'll have a breakeven..
i.e the sum of revenues is equal to sum of expenses and
the answer be given in number of years.
How can I do this?