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Eckert Motors is a small car dealership. On average, it sells a car for $ 3 0 , 4 0 0 , which it purchases

Eckert Motors is a small car dealership. On average, it sells a car for $30,400, which it purchases from the manufacturer for $24,000. Each month, Eckert Motors pays $71;000 in rent ant
and $82,500 for salespeople's salaries. In addition to their salaries, salespeople are paid a commission of $850 for each car they sell. Eckert Motors also spends $11,400 each month for
advertisements. Its tax rate is 30%.
Read the requirements.
F. Target operating income = Target net income Tax rate
Now, calculate Eckert Motors' target monthly operating income. (Round your answer up to the nearest whole dollar.)
Target operating income:
Next, select the formula used to calculate the number of cars that must be sold to reach the target net income.
A. Quantity of cars required to be sold =(Total fixed costs + Target operating income) Selling price
B. Quantity of cars required to be sold =(Total costs + Target operating income
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