Lavage rapide is a canadian company that owns and operates a large automatic carwash facility near montreal. the following table provides data concerning the company’s costs: fixed cost per month cost per car washed cleaning supplies $ 0.80 electricity $ 1,500 $ 0.09 maintenance $ 0.10 wages and salaries $ 4,700 $ 0.30 depreciation $ 8,300 rent $ 1,900 administrative expenses $ 1,700 $ 0.04 for example, electricity costs are $1,500 per month plus $0.09 per car washed. the company expects to wash 8,400 cars in august and to collect an average of $6.30 per car washed. the actual operating results for august appear below. lavage rapide income statement for the month ended august 31 actual cars washed 8,500 revenue $ 55,020 expenses: cleaning supplies 7,220 electricity 2,226 maintenance 1,080 wages and salaries 7,580 depreciation 8,300 rent 2,100 administrative expenses 1,936 total expense 30,442 net operating income $ 24,578

answer; blank(1); /rises; blank(2); //increases;

answer; competency based pay;

false! basically!

i hope i'm correct.

of the three mortgage options that demarco and tanya have to choose from, the balloon payment mortgage would be their best option, over adjustable payment and fixed payment plans.ultimately, the balloon payment plan would save demarco and tanya overall, in interest, would cost less monthly, and they would only have to make these payments for 8 years, opposing to 30 years for adjustable or fixed payment plans. 

overall, demarco and tanya would save $80,811 if they chose balloon payments over fixed payments, and would save $116,711 if they choose balloon payments over adjustable payments. benefits with choosing fixed payments over adjustable payments is that, in the end, the payments will still be $836.30 a month, while with adjustable payments, the initial monthly payments will be $763.38 to $1082.70 a month, ultimately leading to a more costly purchase. benefits with choosing fixed payments over balloon payments are not present. benefits in choosing adjustable payments over is that it has a lower interest rate, and starts with lower monthly payments initially. benefits in choosing adjustable payments over balloon payments include a lower interest rate, and lower initial monthly payments. benefits in choosing balloon payments over fixed payments include lower interest rates, lower overall price, lower monthly payments, takes less time to pay off, and does not require a downpayment. benefits in choosing balloon payments over adjustable payments include, lower monthly payments (when averaged), takes less time to pay off, and lower overall price.

hence, option c, balloon payments, is the best option for demarco and tanya to make this purchase, for it will save them a minimum of $80811, and a maximum of $116,711.