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Michelle Can Enter a Small Business as a Full Partner  Year’s profit =$320,000\text { Year's profit } = \$ 320,000

Question 174

Multiple Choice

Michelle can enter a small business as a full partner and receive a salary of $40,000 a year and 15% of the year's profit, or she can be sales manager for a salary of $75,000 plus 5% of the year's profit. What must the year's profit be for her total earnings to be the same whether she is a full partner or a sales manager?


A)  Year’s profit =$320,000\text { Year's profit } = \$ 320,000
B)  Year’s profit =$310,000\text { Year's profit } = \$ 310,000
C)  Year’s profit =$340,000\text { Year's profit } = \$ 340,000
D)  Year’s profit =$350,000\text { Year's profit } = \$ 350,000
E)  Year’s profit =$330,000\text { Year's profit } = \$ 330,000

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