give two examples of financial /liquidity ratios. describe what they are and what are their significance or importance in 600 words

Case A - Basic breakeven point problem In this simple problem your task is to work out the number of participants required to ensure the event breaks-even. The data you need to make your calculation is as follows: - Total Fixed Costs: $10,080 - Variable Cost per Participant: $2.00 - Ticket Price per Participant: $20 This problem is much the same problem as in case A except that you are given the number of participants and you must work out what is the minimum price that spectators must be charged. The data you need to make your calculation is as follows: - Total Fixed Costs: $10,000 - Variable Cost per Participant: \$5.00 - Number of Participants Required: 500