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Bengal Accounting Service is a rapidly growing service. On average, the revenue is $4,000,000 and variable cost is $2,400,000. Fixed cost = $600,000.
WHAT IS THE BREAKEVEN POINT REVENUE?
1. $4,000,000
2. $3,400,000
3. $600,000
4. $1,500,000
Prepare an interpretation of the ratio trends for the 3 years computed below; while each of the 14 ratios should be interpreted, an integrated holistic analysis is preferred to a list.
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