Calculate the break-even level of sales, assuming: $1.4 million fixed costs, $400,000 depreciation expense, and variable costs-to-sales ratio of 65 percent.(use the values in dollar)
A) $2,857,143
B) $5,142,857
C) $4,000,000
D) $2,769,231
Answer: B) $5,142,857
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A buyer wants to buy a house and fence the backyard for her dog. She tells a listing agent her plans and is shown several properties y that agent. The agent finds a property the buyer likes and the buyer makes an offer that is accepted. After closing and moving into the property, she find out here are deed restrictions in the subdivision that prohibit fences. Which of the following is true?
A. The seller is liable for not telling the buyer and the fence restriction. B. The buyer is solely responsible for checking out deed restrictions before buying the property. C. The agent represented the seller and had no duty to notify the buyer of the restrictions. D. The agent knew of the buyer's intended use and should have notifies the buyer of the restrictions.
According to the Heritage Foundation, the country with the highest degree of economic freedom is the United States
Indicate whether the statement is true or false