All else being equal, an increase in a company’s fixed costs will:

a) Decrease the sales necessary to breakeven.
b) Increase the contribution margin.
c) Decrease the contribution margin.
d) Increase the sales necessary to breakeven.

Which of the following statements is true of the balanced-scorecard? a. it is a more or less a one-dimensional metric of measuring competitive advantages of a firm. b. it is one of the traditional approaches of measuring firm performance. c. its primary focus is to base a firm's strategic goals entirely on external performance dimensions. d. it attempts to provide a holistic perspective on firm performance.