1. in 2020, cica inc had $1,500,000 sales, $900,000 cost of goods sold, and $400,000 operating expense. What was CICA Inc' breakeven sales volume in 2020?

a. $1,500,000

b. $1,000,000

c. $800,000

d. $900,000

2. In 2020, SPIX Corp. had an annual sales of $70,000,000, cost of goods sold of $35,000,000, interest expense of $4,000,000, and income tax expense of $11,000,000.

What is SPIX Corp.'s 2020 earnings per share given that it has 8,000,000 shares outstanding?

a. $1.6

b. $4.0

c. $2.5

d. $3.2