Tony's Beach T-Shirts has fixed annual operating costs of $75,000. Tony retails his T-shirts for $14.99 each and the variable cost per T-shirt is $4.99. Based on this information, the breakeven sales level in dollars is ________

Risk management plans are an output associated with the analysis phase

Indicate whether the statement is true or false

A CEO concerned about variability of earnings per share may try to offset high operating leverage

with a capital structure that is mostly debt in order to take advantage of the interest tax shield. Indicate whether the statement is true or false