Question: 1. QUESTION 9 The basic formula for calculating break even is FC/(P-VC). FC/(VC-P). P/(FC-VC). VC/(FC-P). VC/(P-FC). 2. If a company has a 70 percent debt

1.

QUESTION 9

The basic formula for calculating break even is

FC/(P-VC).

FC/(VC-P).

P/(FC-VC).

VC/(FC-P).

VC/(P-FC).

2.

If a company has a 70 percent debt to total assets ratio, approximately 70 cents of every dollar of assets is owed to the company creditors.

True

False

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