Ross Has the Following Calculations on a Spreadsheet: Year 1

question 125

Multiple Choice

Ross has the following calculations on a spreadsheet: Year 1 accumulated costs of 5000;year 2 accumulated costs of 7500;year 3 accumulated costs of 9500;year 4 accumulated costs of 10500 and year 5 accumulated costs of 13000.And year 1 accumulated benefits of 300;year 2 accumulated benefits of 2300;year 3 accumulated benefits of 6500;year 4 accumulated benefits of 10475;and year 5 accumulated benefits of 15,425.The break-even point would occur in which year?

• A)Year 1
• B)Year 2
• C)Year 3
• D)Year 4
• E)Year 5

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Definitions:

Random Sequences

Arrangements of numbers or objects in which each possible order has an equal chance of occurring, lacking any predictable pattern.

Born On

This phrase indicates the specific date on which an individual was born.

Same Day

A phrase indicating that an event or activity takes place on the current day or within a single day.

Scientific Method

A systematic and empirical approach to research in which a problem is identified, relevant data are gathered, a hypothesis is formulated, and then the hypothesis is empirically tested.