July Sales for Amherst Arcade Equal $100,000, Variable Costs Equal

question 21

Multiple Choice

July sales for Amherst Arcade equal $100,000, variable costs equal $60,000 and fixed costs, including depreciation of $20,000, total $60,000.Which of the following is correct?

• A)Amherst Arcade broke even with respect to net income.
• B)Amherst Arcade broke even with respect to cash.
• C)Amherst Arcade fell $20,000 short of cash break-even.
• D)Amherst Arcade broke even with a $20,000 surplus.

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Definitions:

Designers' Approach

The methodology or standpoint from which designers tackle problems and projects, influenced by their creative process, style, and values.

Espoused Needs

The explicitly stated desires or requirements that individuals or organizations profess to be important.

Destabilize Stage

A phase or situation where existing structures or systems begin to lose their stability or coherence, potentially leading to significant change or transformation.