Spontaneous liabilities such as accounts payable and accruals represent a source of financing that arise from the normal course of business

Joshua was a professional classical guitarist until a motorcycle accident left him disabled

After long months of therapy, he hired an experienced luthier and started a small shop to make and sell Spanish guitars. The guitars sell for $800, and the fixed monthly operating costs are as follows: Rent and utilities $600 Wages and benefits to luthier 2,300 Other expenses 479 Joshua's accountant told him about contribution margin ratios, and Joshua understood clearly that for every dollar of sales, $0.60 went to cover his fixed costs, and anything above that point was profit. How many guitars does Joshua need to sell each month to break even? (Round your answer up to the nearest whole guitar.) A) 5 guitars B) 3 guitars C) 7 guitars D) 8 guitars

Responsiveness works well with process-driven services

Indicate whether the statement is true or false