Coventry University - Break-Even Analysis Unlocked: How to Understand the Profit and Loss Statement
- Offered byFutureLearn
Break-Even Analysis Unlocked: How to Understand the Profit and Loss Statement at FutureLearn Overview
Break-Even Analysis Unlocked: How to Understand the Profit and Loss Statement
at FutureLearn
Duration | 2 weeks |
Total fee | ₹2,205 |
Mode of learning | Online |
Credential | Certificate |
Break-Even Analysis Unlocked: How to Understand the Profit and Loss Statement at FutureLearn Highlights
Break-Even Analysis Unlocked: How to Understand the Profit and Loss Statement
at FutureLearn
- Earn a certificate upon completion
Break-Even Analysis Unlocked: How to Understand the Profit and Loss Statement at FutureLearn Course details
Break-Even Analysis Unlocked: How to Understand the Profit and Loss Statement
at FutureLearn
Skills you will learn
More about this course
- On this course, you’ll have the opportunity to cover everything that a comprehensive break-even analysis entails
- You’ll have the chance to learn how to understand the different classifications of cost and how they relate to business stability
- You’ll also find out how to evaluate the feasibility of business ideas and their potential for success by calculating and applying the break-even point, or BEP
- This course will teach you what you need to know about the P&L statement – from sources of income and sales and seasonality to the all-important bottom line: net profitability
- This course explores the principles of margin of safety and profit, and look at the output for required profit
- You’ll also carry out exercises on break-even analysis using formulas and templates, and be introduced to operational gearing (or operational leverage) – the relationship between a firm’s fixed and variable costs
Break-Even Analysis Unlocked: How to Understand the Profit and Loss Statement at FutureLearn Curriculum
Break-Even Analysis Unlocked: How to Understand the Profit and Loss Statement
at FutureLearn
Cost, profit and breaking even
Getting started
Introducing cost
Exploring the concept of break-even
Summary and reflection
Operational gearing
Welcome to Week 2
Margin of safety and profit
Introducing operational gearing
Summary and reflection
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