February sales for Ted's Variety Store equal $100,000, variable costs equal $60,000, fixed costs, including depreciation of $20,000, total $60,000
A) Ted's Variety Store broke even with respect to net income.
B) Ted's Variety Store broke even with respect to cash.
C) Ted's Variety fell $20,000 short of cash break-even.
D) Ted's Variety Store broke even with a $20,000 surplus.
Answer: B
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A business professional from St. John's University has been donating several hours of consulting time to local nonprofit organizations each month. This could be expected to provide the centre with all of the following benefits EXCEPT which one?
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