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In its first year, your venture had revenues of $125,000 and cost of goods sold of $75,000, which was the only variable cost. Depreciation was
In its first year, your venture had revenues of $125,000 and cost of goods sold of $75,000, which was the only variable cost. Depreciation was $20,000, and cash costs were $5,000 in financing costs, admin expenses of $50,000, and $45,000 in marketing expenses. What is the survival breakeven revenue?
$175,000
$250,000
$200,000
$150,000
$225,000
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