Characteristics of the structure of the database are generally changed during the implementation phase of the database development process

ABCO Glazing has $1.5MM in debt with owners' equity of $6MM. It pays 6% interest on its borrowing. It has $5MM in equipment which depreciates 5% annually. Suppose that during the year the company's total costs (operating and financing) exactly equal its revenue of $4.5MM. What is the firm's coverage ratio?

a) 0 b) 1 c) 3.78 d) 50 e) Cannot be answered without additional information

If the court refuses to certify a class action lawsuit, no individual who claims an entitlement to damages can sue individually

Indicate whether the statement is true or false