
Business Finance - Unit
Quiz
•
Business
•
11th Grade
•
Practice Problem
•
Hard
Laura Urban
FREE Resource
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30 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the equation for Total revenue in Break-even Analysis?
Selling price x quantity sold
Fixed cost x quantity sold
Variable cost + Fixed cost
Selling price - Variable cost
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the equation for Total costs in Break-even Analysis?
Fixed costs + total variable costs
Fixed costs - total variable costs
Total variable costs - fixed costs
Fixed costs x total variable costs
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the equation for Profit in Break-even Analysis?
Total revenue – total costs
Total costs – total revenue
Total revenue + total costs
Total costs / total revenue
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the equation for Total contribution in Break-even Analysis?
Sales revenue – total variable costs
Total fixed costs + total variable costs
Sales revenue – total fixed costs
Total variable costs – total fixed costs
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the equation for Contribution (per unit) in Break-even Analysis?
Selling price – variable costs per unit
Fixed costs + variable costs per unit
Selling price + fixed costs per unit
Variable costs per unit – selling price
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the equation for Profit (using contribution) in Break-even Analysis?
Contribution per unit x margin of safety
Fixed costs x margin of safety
Sales revenue x margin of safety
Variable cost per unit x margin of safety
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the equation for Break even point in Break-even Analysis?
Fixed costs / (selling price – variable costs) or Fixed costs / contribution per unit
Variable costs / (selling price – fixed costs)
Fixed costs x selling price
Selling price / (fixed costs – variable costs)
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