-Refer to Situation 21-L

question 107

Multiple Choice

-Refer to Situation 21-l. What will Diane's approximate average fixed costs be if she sells 36,500 donuts in one year?

• A)$0.30
• B)$0.088
• C)$0.138
• D)$0.55

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Definitions:

Threat

An expression of an intention to inflict pain, injury, damage, or other hostile action on someone in retribution for something done or not done.

Fraud

A wrongful or criminal deception intended to result in financial or personal gain.

Misrepresentation

The action or offense of giving a false or misleading statement about a material fact, often with the intent to deceive.

Fraudulent Misrepresentation

A false statement made to induce another party to enter into a contract, resulting in harm or loss.