![sadieruegner393](/avatars/17217.jpg)
sadieruegner393
05.02.2021 •
Business
Life-Cycle Pricing Matt Simpson owns and operates Quality Craft Rentals, which offers canoe rentals and shuttle service on the Nantahala River. Customers can rent canoes at one station, enter the river there, and exit at one of two designated locations to catch a shuttle that returns them to their vehicles at the station they entered. Following are the costs involved in providing this service each year:
Fixed Costs
Variable Costs
Canoe maintenance
$ 2,300
$2.50
Licenses and permits
3,000
0
Vehicle leases
5,400
0
Station lease
6,920
0
Advertising
6,000
0.50
Opera ting costs
21,000
0.50
Quality Craft Rentals began business three years ago with a $21,000 expenditure for a fleet of 30 canoes. These are expected to last seven more years, at which time a new fleet must be purchased.
Required Matt is happy with the steady rental average of 6,400 per year. For this number of rentals, what price should he charge per rental for the business to make a 20 percent life-cycle return on investment?
Solved
Show answers
More tips
- P Photography and Videography What is lens calibration and why is it needed?...
- F Family and Home Stay Warm but Don t Overheat: What is the Optimal Temperature for Your Home During Winter?...
- H Health and Medicine How to Treat the Flu: A Comprehensive Guide...
- O Other What is a Disk Emulsifier and How Does it Work?...
- F Family and Home What does a newborn need?...
- F Family and Home Choosing the Right Car Seat for Your Child: Tips and Recommendations...
- F Food and Cooking How to Get Reconfirmation of Registration?...
- C Computers and Internet How to Get Rid of Spam in ICQ?...
- A Art and Culture Who Said The Less We Love a Woman, the More She Likes Us ?...
- F Family and Home How to Get Rid of Your Neighbors?...
Answers on questions: Business
- B Business You examine the schedule for your favorite soccer team. the team plays sixteen games each season. later, you try recalling that schedule for a friend who likes the same team you do....
- B Business Today is your 20th birthday and your bank account balance is $25,000. your account is earning 6.5% interest compounded semiannually. how much will be in the account on your 50th birthday?...
- B Business Suppose both supply and demand increase. what effect will this have on the equilibrium quantity? it may rise or fall it will fall it will remain the same it will rise...
- B Business Solve the dilemma making infinity computers competitive what is a major weakness of the firm?...
- B Business The graphic method of note-taking that is especially good at capturing the relationships among ideas is...
- B Business Instructions: you must respond to the question using full sentence structure. your response should be no less than a paragraph and no more than three paragraphs (4-8 sentences is...
- S SAT Here is all my points to prove they are worthless and you can do nothing with them. Sorry don t have much I just started and I don t collect them. -Teagan...
- H Health Im bor and my friends doing hw ugh...
- H History Besides the French Revolution, which revolution from the timeline is most like the model above? explain...
- E English Help other part ASAP get brainliest...
Ответ:
Countries trade with each other when, on their own, they do not have the resources, or capacity to satisfy their own needs and wants. By developing and exploiting their domestic scarce resources, countries can produce a surplus, and trade this for the resources they need.