Question
38. Which of the following combinations presents correct examples of liquidity, profitability, and solvency ratios, respectively? Question 38 options: Liquidity Profitability Solvency Inventory turnover Inventory
38. Which of the following combinations presents correct examples of liquidity, profitability, and solvency ratios, respectively?
Question 38 options: Liquidity Profitability Solvency Inventory turnover Inventory turnover Times interested earned Liquidity Profitability Solvency Quick ratio Payout ratio Return on operating assets Liquidity Profitability Solvency Receivables turnover Return on operating assets Times interest earned Liquidity Profitability Solvency Current ratio Inventory turnover Debt to equity
43.Matthew Corporation manufactures paper shredding equipment and sells each unit for $500. Variable costs per unit equal $300. Total fixed costs equal $800,000. Matthew is currently selling 5,000 units per period and would like to earn net income of $400,000.
What is the breakeven point in dollars?
How many sales units are necessary to attain the desired income?
What is the margin of safety ratio for current operations?
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