A firm has fixed operating costs of $150,000, total sales of $1,500,000, and total variable costs of $1,275,000. The firm's operating breakeven point in dollars is

$150,000

$176,471

$1,000,000

$1,425,000

Financing that arises from the normal operations of the firm is said to be

expected

accrued

spontaneous

payable

The amount by which the required discount rate exceeds the risk-free rate is called

the opportunity cost

the risk premium

the risk equivalent

the excess risk