Asmall trucking company is planning to install a gps system in each of the five trucks the company owns. each system costs $4600 to install, has a 5-year useful life, and may be salvaged for $300. total operating cost for all five systems is $1000 for the first year, increasing by $100 per year thereafter. a. how much new annual net income is necessary to recover the initial investment of the five gis systems at the annual effective interest rate of 10%? b. the company estimates increased net income of $6000 per year for all five systems. is this project financially viable at the annual effective interest rate of 10%? answer without excel formulas.

Alocal barnes and noble bookstore ordered 80 marketing books but received 60 books. what percent of the order was missing?

Horace society is planning its annual western fair raceway gala. the gala committee has assembled the following expected costs for the event: dinner (per person) $10 gaming token and program (per person) $2 prize payouts $4,300 tickets and advertising $800 private box suite rental $1,700 lottery licenses $200 the committee members would like to charge $40 per person for the evening’s activities.required: 1. what is the break-even point for the dinner-dance (in terms of the number of persons who must attend)? 2. assume that last year only 200 persons attended the dinner-dance. if the same number attend this year, what price per ticket must be charged in order to break even? 3. refer to the original data ($40 ticket price per person). prepare a cvp graph for the dinner- dance from zero tickets up to 600 tickets sold.

Robert owns a life insurance policy that he purchased when he first graduated college. it has a $100,000 death benefit and robert pays premiums for it every month out of his checking account. the insurance robert has is most likely da. permanent life insurance o b. term life insurance o c. group life insurance o d. individual life insurance