1. If you want to compare companies total assets/equity levels to their total debt levels you would use:
a. profitability ratios
b. liquidity ratios
c. cover ratios
d. debt ratios
2. Breakeven ______
a. the minimum profit point
b. is the point where total cost equals net income
c. is total fixed costs divided by contribution margin per unit
d. (a), (b) & (c)
e. (a) , (b) but not (c)