Write the Statement as a Ratio in Lowest Terms

question 15

Multiple Choice

Write the statement as a ratio in lowest terms.
-144 weeks to 171 weeks

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Definitions:

Break-Even Point

The level of production or sales at which total revenues equal total costs, resulting in neither profit nor loss.

Sales Mix

The combination of products that a company sells, which can affect profitability due to different margins on each product.

Fixed Expenses

Costs that do not change with the level of production or sales over a certain period, such as rent or salaries.

Operating Leverage Factor

A measure that quantifies the proportion of fixed versus variable costs in a company's operating structure, indicating sensitivity to changes in sales volume.