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Which of the following relates to the breakeven point? (1) Contribution margin equals total fixed cost. (ii) Revenue equals expenses. (iii) Net income equals zero.
Which of the following relates to the breakeven point? (1) Contribution margin equals total fixed cost. (ii) Revenue equals expenses. (iii) Net income equals zero. O a. (1). (ii) and (iii) b. (1) and (i) only c. (it) and (iii) only D d. (i) and (ill) onlyWhich of the following assertions is CORRECT? (i) Sales mix, the ratio of one product that is sold to another, is relevant to all companies. (ii) When the government of Jamaica changes the corporate tax rate, this affects the break-even point. O a. Assertion (ii) only O b. Neither assertion (i) nor (ii) O c. Assertion (i) only O d. Both assertions (i) and (ii)
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