Greg is the owner of a full-service car wash. For the month of December he paid $2,000 in rent, $700 in utilities, $2,950 in salaries, and $50 on advertising. A full service car wash costs $10.50. Unit variable costs per car wash are $2.50. How many full-service car washes does Greg need to sell to break-even each month

Answers

Answer 1
Answer:

Answer:

Break-even point= 713 car washes

Explanation:

Giving the following information:

For December he paid $2,000 in rent, $700 in utilities, $2,950 in salaries, and $50 on advertising. A full-service car wash costs $10.50. Unit variable costs per car wash are $2.50.

First, we need to calculate the total fixed costs:

Fixed costs= rent + utilities + salaries + advertising

Fixed costs= 2,000 + 700 + 2,950 + 50= $5,700

Now, using the following formula, we can calculate the break-even point in units:

Break-even point= fixed costs/ contribution margin

Break-even point= 5,700/ (10.5 - 2.5)= 713 car washes


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What tool in Word can you use to search your entire document for spelling and grammar errors?Grammar Fixer
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Spelling and Grammar Check

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Answer:

Spelling and Grammar check.

Explanation:

The following logo is present on the letterhead of an organization. Which category of communication does this involve?

Answers

Answer:

Answer- Formal Written Communication.

Explanation:

  • Formal Written Communication Letter:
  • The logo is present on the letter head of an organization. As the information about the sender and the receiver are mentioned with a very formal style.
  • As most of the formal communication between the institution are done in the formal written communication forms.
  • The data and information regarding the sender and the receiver are provided in a more formal pattern. The style of communication is kept very constant and clear to understand.
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Diane, a police officer, stops Tim's car for a traffic offense. While talking to Tim, she shines a flashlight into the passenger compartment of Tim's car and sees evidence of drug paraphernalia. Which statement is correct?Diane may search the passenger compartment of the car and any place else in the car, including the trunk, without Tim's consent.

Answers

Answer:

Diane may search the passenger compartment of the car and any place else in the car, including the trunk, without Tim's consent. ⇒ TRUE

Explanation:

The Fourth Amendment of the Constitution protects people against illegal searches, seizures and warrants, but there are exceptions to this amendment:

  1. consensual searches: if the person is OK with the police officer searching his/her belongings
  2. brief investigatory stops: when the police officer is suspicious about a crime being committed
  3. searches incident to a valid arrest: if the police officer is arresting someone, he/she is allowed to search him
  4. seizures of items in plain view: if property is in plain view, the police officer does not need a warrant. ⇒ this exception applies to this case.

Which statement or statements apply to a bond which is selling at a premium? I. The market value exceeds the par value.
II. The selling rate is above 100.
III. It is sold by corporations, not by the government.

a. I and II
b. I only
c. III only
d. I, II, and III

Answers

It is A.  I and II

I got it in the test

Final answer:

The correct statements regarding a bond selling at a premium are that the market value exceeds the par value, and the selling rate is above 100. Statement III is incorrect because both corporations and governments can issue such bonds. A rising market interest rate after a bond's issuance leads to a decrease in its value.

Explanation:

When considering which statements apply to a bond that is selling at a premium, options I and II are relevant. A bond selling at a premium means that:

  • The market value exceeds the par value (I).
  • The selling rate is above 100, which indicates a premium (II).

Statement III is incorrect because both corporations and governments can issue bonds that sell at a premium. Therefore, the correct answer to the question is a. I and II.

Additionally, the interest rate that Ford is paying on the borrowed funds can be determined by the coupon rate of the bond. If the market interest rate rises from 3% to 4% after the bond is issued, the value of the bond will decrease because the fixed payments from the bond become relatively less attractive compared to new bonds issued at the higher rates.

Add criteria to this query to return only the records where the value in the Credits field is greater than 120 and less than 130. Run the query to view the results.

Answers

Answer:

>120 and <130

Microsoft Access uses "and" to combine queries, enabling you to view more defined entries in a column. Queries have to be modified from the design view.

Explanation:

Open the existing query. You can find this by choosing "All Access Objects". The query opens in the datasheet view so click on the view button to change it to the design view.

Go to the bottom pane, In the "Fields" row, select Credits and in "Criteria" row, enter the following: >"120" And <"130"

You can also type >120 and <130

Click on the design tab and then click Run!

The query will display all the values greater than 120 and less than 130 in the Credits row.

The criteria for this query to return only the record are >120 and <130

The user can examine more specified entries in a column while using Microsoft Access since it combines queries using the "and" operator. The design view is where queries must be updated.

Open the current search. This is accessible by selecting "All Access Objects". Click the view button to go to the design view when the question opens in the datasheet view.

Observe the bottom window, Select Credits in the "Fields" row, and then enter "120" and "130" in the "Criteria" row.

The query will display all the values greater than 120 and less than 130 in the Credits row.

Learn more about query here;

brainly.com/question/29575174

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In 1 or 2 sentences, define intellectual property and list the four ways that the government provides intellectual property rights.

Answers

Intellectual Property is protected by law, for example, patentscopyright and trademarks, which enable people to earn recognition or financial benefit from what they invent or create. By striking the right balance between the interests of innovators and the wider public interest, the IP system aims to foster an environment in which creativity and innovation can flourish.

The main types of intellectual property include copyright, trademark, and patent. In some countries, "related rights" or "neighboring rights" are a significant subset of copyright; patents can be divided into utility, design, and plant patents, depending on what they protect; trade dress is an important subset of trademark.

Kinda wordy but I hope this can help!