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bachelor in business administration
Polytechnic State University Sanluis
Jan-2006 - Nov-2010
CPA
Polytechnic State University
Jan-2012 - Nov-2016
Professor
Harvard Square Academy (HS2)
Mar-2012 - Present
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Eden Airlines is interested in acquiring a new aircraft to service a new route. The route will be from Dallas to El Paso. The aircraft will fly one round-trip daily except for scheduled maintenance days. There are 15 maintenance days scheduled each year. The seating capacity of the aircraft is 150. Flights are expected to be fully booked. The average revenue per passenger per flight (one-way) is $200. Annual operating costs of the aircraft follow:

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The aircraft will cost $100,000,000 and has an expected life of 20 years. The company requires a 14 percent return. Assume there are no income taxes.
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