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1. QUESTION 9 The basic formula for calculating break even is FC/(P-VC). FC/(VC-P). P/(FC-VC). VC/(FC-P). VC/(P-FC). 2. If a company has a 70 percent debt
1.
QUESTION 9
The basic formula for calculating break even is
FC/(P-VC). | ||
FC/(VC-P). | ||
P/(FC-VC). | ||
VC/(FC-P). | ||
VC/(P-FC). |
2.
If a company has a 70 percent debt to total assets ratio, approximately 70 cents of every dollar of assets is owed to the company creditors.
True
False
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