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What is the maximum percentage of variable costs in relation to sales that a firm could experience and still break even with $5 million revenue,
What is the maximum percentage of variable costs in relation to sales that a firm could experience and still break even with $5 million revenue, $2 million fixed costs, and $500,000 depreciation?
50 percent | ||
80 percent | ||
70 percent | ||
90 percent |
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