Question: 1) List and explain the factors that are considered when computing the breakeven point. 2) Current Assets =$500, 000, Current Liabilities = $300, 000, Inventory

1) List and explain the factors that are considered when computing the breakeven point.

2) Current Assets =$500, 000, Current Liabilities = $300, 000, Inventory = $150, 000

Use the figures mentioned above to compute the Current Ratio and the Quick Acid Ratio.

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