Document Type
Thesis - campus only access
Date of Award
Spring 1969
Degree Name
Master of Science (MS)
Department
Economics, Finance, & Accounting
Advisor
Dr. Milburn Little
Abstract
The purpose of this thesis is to evaluate break-even analysis structure in order that the best possible decision can be made on current questions involving pricing, product mix selection, expansion, decisions involving make or buy and returns on capital employed, etc. Management has often been frustrated in its attempts to use the conventional breakeven approach since it has found it difficult to apply it to its own very special situation and could not determine how to vary the generalized breakeven concept to suit its specific operation. It is the aim of the breakeven study described in this thesis to overcome these limitations. To be useful in practice the breakeven concept must be flexible, easily established for any company, and readily adaptable to changing conditions. It is hoped that management will act intelligently on this data to maintain profit and financial health at as high a level possible under any given set of circumstances, to minimize their vulnerability to recessionary periods, and to properly take advantage of boom times.
Recommended Citation
Smavatkul, Visudh, "A Study of Accountants' Concepts on the Theory of Breakeven Analysis" (1969). Master's Theses. 1245.
DOI: 10.58809/CVHN9887
Available at:
https://scholars.fhsu.edu/theses/1245
Rights
© 1969 Visudh Smavatkul
Comments
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