A news story described the disappointing sales of a new model car, the Jupiter. An auto dealer

Question:

A news story described the disappointing sales of a new model car, the Jupiter. An auto said, “Even if the Jupiter is a little slow to move out of dealerships, it is more of a plus than a minus. . . . We’re now selling 14 more cars per month at $20,000 per car. That’s $280,000 more income.” Is the confused about accounting terms? Explain.

Dealer
A dealer in the securities market is an individual or firm who stands ready and willing to buy a security for its own account (at its bid price) or sell from its own account (at its ask price). A dealer seeks to profit from the spread between the...