Knowledge Check 01 Consider the following information from the income statement of Arlington Company: Management expects the company's sales of 2,000 units to decrease to 1,800 units. Which of the following equations can be used to determine the revised profit? Profit =(PQVQ) Fixed expenses Profit = Unit CMQ Fixed expenses Profit =(CM ratio Sales ) Fixed Expenses Any of the three profit equations can be used to determine the revised profit. Knowledge Check 02 Consider the following information from the income statement of Ashbrook Company: If sales increase from 1,000 units to 1,500 units, what is the company's revised profit amount? $15,000$30,000$25,000$45,000