The Following Information Is Available for Donald Corporation: If

question 55

Multiple Choice

The following information is available for Donald Corporation: If total fixed costs increased to $394,850,then the break-even volume in dollars would increase by ________.

• A)10.0%
• B)12.3%
• C)18.4%
• D)34.3%

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Definitions:

Note Receivable

A written promise that signifies an entity or person will receive a specified sum of money at a defined future date.

Past-due Account

An account that has not been paid by the due date, indicating overdue payments.

Receivable

Amounts of money owed to a company by customers or clients for goods or services delivered but not yet paid for.