Part 1 and 2 help please

Patel Motors is a small car dealership. On average, it sells a car for $26,000, which it purcha their salaries, salespeople are paid a commission of $500 for each car they sell. Patel Motors Read the requirements. Requirements 1. How many cars must Patel Motors sell each month to break even? 2. Patel Motors has a target monthly net income of $52,500. What is its targeted mon operating income? How many cars must be sold each month to reach the target monthly net income of $52,500? Print Done Requirement 1. How many cars must Patel Motors sell each month to break even? Let's begin by determining the formula for the breakeven number of cars. Breakeven number of cars Patel Motors must sell each month to break even. Requirement 2. Patel Motors has a target monthly net income of $52,500. What is its targeted month Determine the formula to calculate the target operating income. Patel Motors is a small car dealership. On average, it sells a car for $26,000, which it purchases from the manufacturer for $22,000. Each their salaries, salespeople are paid a commission of $500 for each car they sell. Patel Motors also spends $11,000 each month for local a Read the requirements Requirement 1. How many cars must Patel Motors sell each month to break even? Let's begin by determining the formula for the breakeven number of cars. Breakeven number of cars Patol Motors must sell each month to break even Requirement 2. Patel Motors has a target monthly net income of $52,500. What is its targeted monthly operating incomo? How many cars Determine the formula to calculate the target operating income Target operating income The target monthly operating income is Finally determine the formula to calculate the number of cars that are required to be sold. Quantity of cars - required to be sold They would need to sell cars to reach the target monthly income of $52,600 for $22,000. Each month, Patel Motors pays $65,000 in rent and utilities and $71,000 for salespeople's salaries. In ch month for local advertisements. Its tax rate is 40%. come? How many cars must be sold each month to reach the target monthly net income of $52,500? Target operating income Quantity of cars required to be sold