Industrial Maids Service Ltd. (IMS) is a corporation based in Sarnia, Ontario that focuses on cleaning commercial properties which is a very...

$  261,750

$300,000

(a) How many hours of cleaning service did each company provide to its clients?

(b) What is the average rate of pay per hour that each company pays its employees?

(c) Which company do you think uses larger facilities? Why do you think this is?

 (d)     One of the companies financed its start up by taking out a higher amount of bank loans than the other company. Which company do you think this was? Both companies are charged the same rate of interest by their banks.

(e) Why does PCS likely have higher other operating expenses than IMS?

(f) What is the most significant factor that makes PCS more profitable than IMS?