Check my worl Fixed Costs Variable Costs $ 4.00 0 Canoe maintenance Licenses and permits...
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Check my worl Fixed Costs Variable Costs $ 4.00 0 Canoe maintenance Licenses and permits Vehicle leases Station lease Advertising Operating costs $ 2,450 3,150 5,550 7,070 6,150 21,150 2.00 2.00 Quality Craft Rentals began business with a $26,500 expenditure for a fleet of 30 canoes. These are expected to last 10 more years, at which time a new fleet must be purchased. Rentals have been stable at about 6,700 per year. Required: Matt is happy with the steady rental average of 6,700 per year. For this number of rentals, what price should he charge per rental for the business to make an annual 17% before-tax return on assets using life-cycle costs? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Price per rental
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