How Much Does Each Additional Sales Dollar Contribute Toward Profit

question 77

Multiple Choice

How much does each additional sales dollar contribute toward profit for a firm with $5 million break-even level of revenues and $1.5 million in fixed costs including depreciation? (use the values in dollar)

• A)$0.30
• B)$0.33
• C)$0.50
• D)$0.67

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Definitions:

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A grassroots movement among Indigenous peoples in Canada, advocating for Indigenous sovereignty, rights, and respect for treaties while opposing governmental policies considered to compromise these principles.

Indigenous Affairs

A sector of government policy concerned with the relationships between governmental entities and Indigenous peoples, including their rights, welfare, and culture.