Cheryl Peck Purchased a Computer Network for Her Classroom

question 64

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?

• A) 33.87%
• B) 78.33%
• C) 64.87%
• D) 46.88%

Recognize the contribution of significant economists to economic theory and policy.

Analyze the effectiveness of various economic policies in different economic conditions.

Appreciate the relevance of global economic integration and international capital flows on national economic policies.

Understand the impact of internationalization on macroeconomic policy.

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Definitions:

Motherboard

The main printed circuit board (PCB) in a computer that connects together various components, including the central processing unit (CPU), memory, and connectors for input and output devices.

Computer

An electronic device capable of processing and storing data, executing programs, and performing tasks based on user inputs.

Supercomputer

A specially designed computer that can perform complex calculations extremely rapidly; used in situations in which complex models requiring intensive mathematical calculations are needed (such as weather forecasting or atomic energy research).

Large

Referring to something of significant size or magnitude, often relative to other objects or measures.