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Calculate the Ratio of Variable-Costs-To-Sales for a Firm With: $3,000,000

Question 69

Multiple Choice

Calculate the ratio of variable-costs-to-sales for a firm with: $3,000,000 accounting break-even revenues, $1.2 million fixed costs, and $450,000 depreciation.(use the values in dollar)


A) 40 percent
B) 45 percent
C) 55 percent
D) 60 percent

Correct Answer:

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