Suppose a small business has sales of $14,000 this month, with future sales expected to grow by $1,300 each month. costs consist of a fixed component, which is $8,400 per month, and a variable component, which is 25 percent of sales. design a spreadsheet to compute the gross profit (revenue less fixed and variable costs) per month over a nine month period. what is the gross profit in a single month 8 months from now?

Elon musk is the ceo of tesla motors. musk also serves as chairman of tesla's board. according to corporate governance theory, which of the following is a logical reason why musk should serve on the board? 1. he serves on many other boards, including that of a major client of tesla.2. his is an independent director who is well positioned to monitor the company's management.3. he can easily fire board members that are shirking their duties.4. he can provide the board with valuable inside information about the firm and the industry.

What does the phrase limited liability mean in a corporate context?

Emil motycka is considered an entrepreneur because