Collateral is defined as assets of the lender that back a secured loan in the event of default

Fixed expenses total $31,000, the breakeven sales in dollars is $93,000 and the selling price per unit is $99. The variable expense per unit is

A) approximately $33. B) approximately $66. C) approximately $132. D) approximately $198.

A covenant allows a landlord to evict a tenant if there is a violation of the lease

Indicate whether the statement is true or false