1. Celeita Inc. is analyzing its cost structure. Its fixed operating costs are $300,000, its variable costs of $3.30 per unit produced, and its products sell for $4.00 per unit. What is the company's breakeven point, i.e., at what unit sales volume would income equal costs?

		453,403
		428,571
		750,000
		300,000

1. Celeita Inc wants to sharply reduce its cash conversion cycle. Which of the following steps would reduce its cash conversion cycle?

		Everything else being same, the company pays faster to its suppliers.
		Everything else being same, the company decreases the credit period provided to customers.
		Everything else being same, the company increases its average inventory.
		All of the statements above are correct.