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Komiakov Industries specializes in premium caviar. Last year's financial data is shown below: Which of the following statements is false? 1. Breakeven is dollar is

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Komiakov Industries specializes in premium caviar. Last year's financial data is shown below: Which of the following statements is false? 1. Breakeven is dollar is $400.000 2. If Sales increase 6% next period, net income should increase 60% 3. To earn a profit of $300,000, the company would need to sell 36.000 units of caviar 4. Contribution margin ratio is 40% None of the Statements are false Only Statement \#4 is false All of the Statements are false Both Statements #3 and #4 are false: Statements 2,3 and 4 are false Both Statements #2 and \#3 are false Only Statement \#1 is false Only Statement #2 is false Only Statement \#3 is false Both Statement #2 and #4 are false

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