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During the semester we discussed key financial ratios but we also focused on Break Even Analysis. Please answer yes or no statements a. & b.
During the semester we discussed key financial ratios but we also focused on Break Even Analysis." Please answer yes or no statements a. & b. and then describe why your answer was yes or no. For Statements c. & d. please provide a short answer to the question. (15 PTS) a. A company has $50,000 in fixed costs, $275,000 in variable costs and $300,000 in sales. Have they achieved a break even business? b. A company has $75,000 in fixed costs, $375,000 in variable costs and $500,000 in sales. Have they achieved a break even business? c. The difference between total cost and total sales when total costs are higher than total sales is consider what? d. The difference between total cost and total sales when total costs are lower than total sales is consider what
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