$20)$ You have computed the break$-$even point between a levered and an unlevered capital structure. Ignore taxes. At the break$-$even level, the:

A$)$ company is earning just enough to pay for the cost of the debt.

B$)$ company's earnings before interest and taxes are equal to zero.

C$)$ earnings per share for the levered option are exactly double those of the unlevered option.

D$)$ advantages of leverage exceed the disadvantages of leverage.

E$)$ company has a debt$-$equity ratio of $\mathrm{.}50.$