The 2012 profit must be 0.45 thousand dollars is equal to 4.5 hundred dollars to break even over the five-year period.
It is required to find the profit in 2012.
What is break even point?
The break-even point is the point at which total cost and total revenue are equal, meaning there is no loss or gain for your small business. It tells an owner the amount of revenue needed to cover all expenses, including fixed costs.
Given:
The break-even point is the point in which a business makes no gain and no loss.
According to given question we have
Let the 2012 profit be x, then
2.5 + 1.75 + (-3.3) + (-1.4) + x = 0
4.25 - 3.3 - 1.4 + x = 0
-0.45 + x = 0
x = 0.45
Therefore, the 2012 profit must be 0.45 thousand dollars is equal to 4.5 hundred dollars to break even over the five-year period.
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