Assignment:
Tenspeed Trucking (TT) is considering the purchase of a new S65 000 truck. The truck is expected to generate revenues between $12 000 and S22 000 each year, and will have a salvage value of $20 000 at the end of its five-year life. TT pays taxes at the rate of 35%. TT is located in Canada and the CCA rate for trucks is 30% [note to instructors: substitute other appropriate tax information as desired]. TT's after-tax MARR is 12%. Find the annual worth of the truck if the annual revenues are $12 000, and for each $1000 revenue increment up to $22 000. What is the break-even annual revenue? Provide a graph to illustrate the break-even annual revenue.
Your answer must be, typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.