Multiple Choice
Assume that you can sell a new product at $5.00 per unit. Variable costs are $3.00 per unit, and fixed costs are $20,000. What will be the profit before taxes if you sell 12,000 units next year?
A) $0
B) $2,000
C) $4,000
D) $8,000
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q16: A venture's financial objective is to survive.
Q17: Successful entrepreneurs do not exhibit which of
Q18: Mezzanine financing is temporary financing needed to
Q19: Which of the following is not considered
Q20: Which of the following is not a
Q22: About what percent of all new employers
Q23: Harry Dent documented major generation waves in
Q24: The time value of money is an
Q25: Free cash flow is the net income
Q26: The first three stages of a successful