(a(i))[4]
Calculate the break-even level of output for the house cleaning service from the information in Appendix 1.
(a(ii))[4]
Calculate the weekly profit for the house cleaning service from the information in Appendix 1.
(b)[12]
Consider why the following financial information matters to a bank manager when deciding whether to give Ghaziz and Jasmin a loan to start the new service. Which of these do you think matters most to the bank manager? Justify your answer by explaining your reasons.\n\nBreak-even level of output.\n\nProfitability of the business.\n\nLiquidity of the business.