The balance sheet and income statement shown below are for Pettijohn Inc. Note that the firm has no amortization charges, it does not lease any assets, none of its debt must be retired during the next 5 years, and the notes payable will be rolled over. 
-What is the firm's BEP?
Definitions:
Direction of Cause and Effect
Pertains to determining which variable influences the other in a cause-and-effect relationship.
Experimental Methods
Research designs involving the manipulation of variables to determine cause-and-effect relationships.
Nonexperimental Methods
Research designs that do not involve the manipulation of variables or random assignment of participants.
Randomization
Controlling for the effects of extraneous variables by ensuring that the variables operate in a manner determined entirely by chance.
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