Question
Last year Easton Corporation reported sales of $820,000, a contribution margin ratio of 20% and a net loss of $34,000. Based on this information, the
Last year Easton Corporation reported sales of $820,000, a contribution margin ratio of 20% and a net loss of $34,000. Based on this information, the break-even point was:
Multiple Choice
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$650,000
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$1,160,000
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$854,000
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$990,000
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Financial Forensics Body Of Knowledge
Authors: Darrell D. Dorrell, Gregory A. Gadawski
1st Edition
0470880856, 978-0470880852
