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    What Is the Break-Even Probability of Collection When the Present
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What Is the Break-Even Probability of Collection When the Present

Question 48

Question 48

Multiple Choice

What is the break-even probability of collection when the present value of revenues from a sale is $100,000 and the present value of cost is $87,000?


A) 1.00
B) 0.87
C) 0.74
D) 0.13

Correct Answer:

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