Answer:
The indifference point is 22,381 hours a year.
Explanation:
Giving the following information:
SecureAll:
Fixed costs= $900,000
In house:
Fixed costs= (100,000*4) + 30,000= $430,000
Variable costs= $21 an hour
First, we need to structure the cost formula for each option:
SecureAll= 900,000
In-house= 430,000 + 21*x
X= number of hours
Now, to calculate the indifference point, we need to equal both formulas and isolate X:
900,000= 430,000 + 21x
470,000/21= x
22,381= x
The indifference point is 22,381 hours a year.
It determines wether or not you are ready for college-level studies or if you'll need a few more preparatory classes.
Answer:
detailed information from owners and the applying company
Explanation:
Banks require detailed information from the loan applicant and their company. The information is useful in assessing the applicant's eligibility for a loan. When issuing loans, a bank is concerned about the borrower's ability to repay. For this reason, the need will require the applicant to state the loan's purposes, how they intend to repay, income tax information, and the collateral to be provided.
The applicant has to give detailed information to convince the bank that they should get the loan.
Well yes but not just that when u slow down u mite get a ticket so yea.
