Multiple Choice
How much depreciation expense exists in a firm that has a break-even level of revenues of $2 million, fixed costs of $400,000, and a 60 percent ratio of variable costs to sales?
A) $144,000
B) $266,667
C) $400,000
D) $666,667 $2,000,000 =
800,000 = 400,000 + Dep
Correct Answer:

Verified
Correct Answer:
Verified
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