Medoc Company provides the following information about its single product Targeted operating income 54 comma 790 Selling price per unit 6.30Variable cost per unit 4.55Total fixed cost 59 comma 675 What is the breakeven point in units Round intermediary calculations to the nearest cent A 31 comma 309B 5 comma 050C 34 comma 100D 5 comma 500

Secured loans are protected by collateral security. examples: title loans where the borrower uses the car title as collateral security interest rates are lower and repayments are longer therefore risk is low as a collateral security is given as guarantee to the bank in case of failure to pay the loanunsecured loans are not protected by collateral security but it is given on the creditworthiness of the borrower, trusting that she/he will pay on time. examples; payday loans is a short term loan where the borrower lends money from the bank and pays is back when the borrower receives his/her wages.interest rates are high and repayments are shorter. but the risk is high as no collateral security is given as a guarantee to the bank for payment of the loan