A Firm with 60% of Sales Going to Variable Costs,$1

question 89

Multiple Choice

A firm with 60% of sales going to variable costs,$1.5 million fixed costs,and $500,000 depreciation would show what accounting profit with sales of $3 million? Ignore taxes.

• A) Zero loss
• B) $370,000 loss
• C) $666,667 loss
• D) $800,000 loss

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Definitions:

Major Organic Product

The primary product formed in the highest yield during an organic chemical reaction.

Aldol Product

The compound resulting from an aldol reaction, which involves the coupling of an aldehyde or ketone with a carbon nucleophile followed by dehydration to give a β-hydroxyaldehyde or β-hydroxyketone.

Aldol Condensation

A chemical reaction that combines two aldehyde or ketone molecules, with the loss of water, to form a larger β-hydroxy aldehyde or ketone.

Synthesis

A process where complex compounds are formed from simpler substances through a series of chemical reactions.