________ is the framework that managers apply to determine the competitive moves and business approaches that run the company

A company starts with $1 billion in assets, $400 million in owners' equity & $600 million in debt. It draws down $100 million from its bank credit line and uses the funds to purchase its own shares in the stock market. What does this do to the balance sheet?

a) increases book value b) decreases book value c) increases leverage ratio d) decreases leverage ratio e) increases assets f) decreases assets g) increases market value h) deceases market value

Explain the role of a sales forecast in break-even analysis

What will be an ideal response?