Calculate the accounting rate of return (ARR) rounded to two decimal places

Average profit before depreciation $75,000

Annual depreciation $15,000

Period of investment $800,000

Value at end of the investment period $100,000

a) 15% b) 13.33% c) 16.67% d) 18.75% e) none of the options is correct

Wang Bakery sells muffins. The average selling price for of a muffin is $5.40. Average variable cost per muffin is $2.60. The average fixed expense per month is $2,492. The average number of muffins sold per month is 900. What is the breakeven in sales dollars?

a) $4,806

b) $4,860

c) $890

d)$2,520

e) none of the options is correct