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Exam (elaborations)
Fin 2603 Assignment (1) All Questions &Answers |Verified |Latest 2023
A company has fixed operating costs of R60 000, the selling price per unit is R13 and its variable cost per units is R9. Calculate the company’s breakeven point. 
Select one: 
a.	29 000 units 
b.	24 000 units 
c.	15 000 units 
d.	39 500 units 
 
 
Which ratio is a measure of the speed with which various accounts are converted into sales and cash? 
Select one: 
a.	Activity ratio 
b.	Debt ratio 
c.	Liquidity ratio 
d.	Profitability ratio 
 
 
A firm can best improve its return on equity (ROE) by...