Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Access - Finance - Garage Exercise You own a small garage which carries out repairs and services. There is a workshop area where the repairs/services are carried out and an office. You look after the office side of the business. You employ 3 mechanics, who work full time, and two other staff who work part-time rt-time in the office. The co 1. Make a list of the costs involved in running the business. 2. Put these costs under the following headings: A - Costs which have to be paid, even if there are no repairs/service jobs to be done. B- Costs which will only have to be paid if there are jobs being carried out. How should the garage charge customers to ensure that it is profitable?
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Transcribed Image Text:Access - Finance - Garage Exercise You own a small garage which carries out repairs and services. There is a workshop area where the repairs/services are carried out and an office. You look after the office side of the business. You employ 3 mechanics, who work full time, and two other staff who work part-time rt-time in the office. The co 1. Make a list of the costs involved in running the business. 2. Put these costs under the following headings: A - Costs which have to be paid, even if there are no repairs/service jobs to be done. B- Costs which will only have to be paid if there are jobs being carried out. How should the garage charge customers to ensure that it is profitable?
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Thank you! One last q, how should the garage charge customers to endure it is profitable?

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Thank you! One last q, how should the garage charge customers to endure it is profitable?

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