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Question Help Garrett Motors is a small car dealership. On average, it sells a car for $28,000, which it purchases from the manufacturer for $24,000.

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Question Help Garrett Motors is a small car dealership. On average, it sells a car for $28,000, which it purchases from the manufacturer for $24,000. Each month, Garret Motors pays $50,400 in rent and utilities and $68,000 for salespeople's salaries. In addition to their salaries, salespeople are paid a commission of $400 for each car they sel. Garrett Motors also spends $13,500 each month for local advertisements. Its tax rate is 40 % . Read the equirements Requirement 1. How many cars must Garrett Motors sell each month to break even? Let's begin by determining the formula for the breakeven number of cars Breakeven number of cars HW Score: 29.69 % , 37.11 STiiar to Question h rett Motors is a small car dealership. On average, it sells a car for $28,000, which it purchases from the manufacturer for $24,000. Each month, Garret h ,400 in rent and utilities and $68,000 for salespeople's salaries. In addition to their salaries, salespeople are paid a commission of $400 for each car thew rett Motors also spends $13,500 each month for local advertisements. Its tax rate is 40% ad the requirements Requirements X quirement 1. How many cars mus s begin by determining the formu 1. How hany cars must Garrett Motors sell each month to break even? 2. Garrett Motors has a target monthly net income of $69,120. What is its targeted monthly operating income? How many cars must be sold each month to reach the target monthly net income of $69,120? eakeven number of cars Print Done

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