Business, 03.09.2021 01:30 dlatricewilcoxp0tsdw

Use this information for the four questions. There are two ways to establish a summer lawn mowing business. Option 1 is to rent-to-own for five years a $20,000 large riding zero-turn lawnmower for $4,000 per year and hire one person to operate this for $15 an hour. With this option, the lawns will be mowed very quickly in very little time per lawn. Option 2 is to rent to own for five years push mowers for $200 per mower for $40 per year and hire high schoolers for $15 per hour to push these mowers. With this option it will take quite a bit longer to mow each lawn. Questions: Which of these options has a higher fixed cost

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