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.
A) 40 percent
B) 45 percent
C) 55 percent
D) 60 percent Break even =
Correct Answer:

Verified
Correct Answer:
Verified
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