A Firm with Constant Variable Costs Has a Survival Revenues

question 57

Multiple Choice

A firm with constant variable costs has a survival revenues breakeven of $375,000. This year, it had $250,000 in sales, $100,000 of which was a fixed cost. What are the firm's cash fixed costs?

• A)$150,000
• B)$225,000
• C)$625,000
• D)$937,500

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Definitions:

Politically Liberal

Describes a set of political beliefs emphasizing individual rights, democracy, and support for socially progressive policies.

Central Route

A cognitive processing path used in persuasive communication that involves careful and thoughtfully analyzing the content of the message.

Fundamental Attribution Error

The tendency to overestimate the effect of disposition or personality and underestimate the effect of the situation in explaining social behavior.

Personal Traits

characteristics or qualities that define an individual's personality and behavior.