Willie is a boat dealer.
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Willie is a boat dealer. He pays $28,250 for a boat and uses a 30% markup on cost. At what price should Willie resell the boat?

Cost price of a product is the price at which the product is purchased from the market. Selling price is the price at which the product is sold in the market.
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- Walter is a used car dealer. He has the chance to buy a used car that he thinks he can resell for $6,400. If Walter needs a 30% markup on selling price, what price can he pay? View keyboard shortcutsMorgan lives alone and needs to move to start a new job. She drives 400 kilometrescloser to her new place of employment. The drive takes her 1 day. She pays forhotels for 10 days in her new city while waiting for her apartment to be availablewhich costs $100 per day ($1,000 total). She pays a mover $1,200 to move herfurniture. What is the maximum deduction Morgan can takè for moving expenses,assuming she has sufficient income in the new location?Marsha Jones has bought a used Mercedes horse transporter for her Connecticut estate. It cost $35,000. The object is to save on horse transporter rentals. Marsha had been renting a transporter every other week for $200 per day plus $1.00 per mile. Most of the trips are 80 or 100 miles in total. Marsha usually gives the driver, Joe Laminitis, a $40 tip. With the new transporter she will only have to pay for diesel fuel and maintenance, at about $0.45 per mile. Insurance costs for Marsha’s transporter are $1,200 per year. The transporter will probably be worth $15,000 (in real terms) after eight years, when Marsha’s horse Spike, will be ready to retire. Assume a nominal discount rate of 9% and a 3% forecasted inflation rate. Marsha’s transporter is a personal outlay, not a business or financial investment, so taxes can be ignored. Calculate the NPV of the investment.
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