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Cheryl Peck Purchased a Computer Network for Her Classroom

question 16

Multiple Choice

Cheryl Peck purchased a computer network for her classroom.The computer network cost $100,000.She estimates that she can charge $500 for one session in the classroom.Cheryl knows that enrollment will increase over time.She estimates 50 students the first year,75 students the second year,100 students the third year,and 150 students the fourth year.If her cost of capital is 12 percent,what is her accounting rate of return?

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Definitions:

George H.W. Bush

The 41st President of the United States, serving from 1989 to 1993, known for his leadership during the end of the Cold War and the Gulf War.

Berlin Wall

A fortified barrier that divided Berlin from 1961 to 1989, built by the German Democratic Republic (East Germany) to prevent East Germans from fleeing to West Berlin and West Germany.

East Germany

Officially the German Democratic Republic (GDR), a state that existed from 1949 to 1990 in the eastern part of Germany, established after World War II and during the Cold War.

CIA

The Central Intelligence Agency, a civilian foreign intelligence service of the federal government of the United States, tasked with gathering, processing, and analyzing national security information.

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