With a PPO, it is much more expensive to go to out of network healthcare providers

Indicate whether this statement is true or false.

Answer: TRUE

Business

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Evans Tiles Company has estimated the following amounts for its next fiscal year

Total fixed costs $832,000 Sales price per unit 44 Variable costs per unit 20 What will happen to the breakeven point (in units) if Evans can reduce fixed costs by $22,000? (Round your answer up to the nearest whole unit.) A) The breakeven point will decrease by 917 units. B) The breakeven point will decrease by 1,100 units. C) The breakeven point will increase by 1,100 units. D) The breakeven point will increase by 500 units.

Business

Borrower reputation is important in assessing credit quality because

A. good past payment performance perfectly predicts future behavior. B. preservation of a good customer/FI relationship acts as an additional incentive to encourage loan repayment. C. FIs only lend to customers they know. D. customers with poor credit histories always default on their loans. E. a reputation for honesty is important in credit appraisal.

Business