d3sign / Getty Images Maximizing stock prices and corporate profit are significant goals ... A company maximizes profits by reducing costs and expenses and increasing revenue, thus increasing ...

In other words, if you have $1 million in fixed costs, you would need to make 30% profit on your work (billing minus variable costs to complete the job), or $3.3 million, just to cover fixed costs ...

The files below use the Comparative Statics Wizard. The profit maximization problem is used as an example. The Comparative Statics Wizard is extremely flexible -- any problem solved by Excel's Solver ...