Business, 05.02.2021 21:30 yselahernandez02
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?
Answers: 1
Business, 22.06.2019 01:40
Costs of production that do not change when output changes.question 17 options: total revenuefixed incometotal costfixed cost
Answers: 1
Business, 22.06.2019 09:50
Beck company had the following accounts and balances at the end of the year. what is net income or net loss for the year? cash $ 74 comma 000 accounts payable $12,000 common stock $21,000 dividends $12,000 operating expenses $ 13 comma 000 accounts receivable $ 49 comma 000 inventory $ 47 comma 000 longminusterm notes payable $33,000 revenues $ 91 comma 000 salaries payable $ 30 comma 000
Answers: 1
Business, 22.06.2019 13:50
When used-car dealers signal the quality of a used car with a warranty, a. buyers believe the signal because the cost of a false signal is high b. it is not rational to believe the signal because some used-car dealers are crooked c. the demand for lemons is eliminated d. the price of a lemon rises above the price of a good used car because warranty costs on lemons are greater than warranty costs on good used cars
Answers: 2
Business, 22.06.2019 23:00
The five steps to financial success a. five money myths b. five foundations
Answers: 1
Life-Cycle Pricing Matt Simpson owns and operates Quality Craft Rentals, which offers canoe rentals...
Computers and Technology, 13.05.2021 19:30
History, 13.05.2021 19:30
Mathematics, 13.05.2021 19:40
Arts, 13.05.2021 19:40
Chemistry, 13.05.2021 19:40
Mathematics, 13.05.2021 19:40