Lin corporation has a single product whose selling price is $120 and whose variable expense is $80 per unit. the company's monthly fixed expense is $50,000.

requirement 1:
using the equation method, solve for the unit sales that are required to earn a target profit of $10,000.

unit sales:

requirement 2:
using the formula method, solve for the unit sales that are required to earn a target profit of $15,000.

units sold to attain the target profit:

Suppose jamal purchases a pair of running shoes online for $60. if his state has a sales tax on clothing of 6 percent, how much is he required to pay in state sales tax?

Which of the following has the largest impact on opportunity cost

Which of the following statements is correct? a major disadvantage of a partnership relative to a corporation is the fact that federal income taxes must be paid by the partners rather than by the firm itself. in a typical partnership, liability for other partners’ misdeeds is limited to the amount of a particular partner’s investment in the business.true in a limited partnership, the limited partners have voting control, while the general partner has operating control over the business, and the limited partners are individually responsible, on a pro rata basis, for the firm’s debts in the event of bankruptcy. partnerships have more difficulty attracting large amounts of capital than corporations because of such factors as unlimited liability, the need to reorganize when a partner dies, and the illiquidity of partnership interests.