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The break-even ratio: Question 6 options: 1) is sometimes called the default ratio. 2) relates net operating income to operating expenses. 3) indicates the relationship

The break-even ratio:

Question 6 options:

1)

is sometimes called the default ratio.

2)

relates net operating income to operating expenses.

3)

indicates the relationship between gross income and operating expenses.

4)

expresses the extent to which net operating income can decline before becoming insufficient to meet the debt service obligation.

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