The company Consort Inc. (a logisics carrier) wants to use MT Freight Forwarding as their freight forwarder. Attached is a picture showing the online summary of the freight forwarder industry and Consort's carrier rates.

Given that information, Propose a "should be" flat rate for each of the five zones using a cost/CWT for the MT freight fowarding (round to the nearest cent)

 

Over $5M - Under Size by Revenue All $50M $50M $5M Cash 12.7% 11.6% 13.4% 13.0% Transportation Purchased 65.1% 64.3% 65.4% 66.1% Accounts Receivable 37.4% 39.1% 38.4% 35.4% Inventory 0.9% 0.9% 0.8% 0.9% Total Current Assets 58.4% 57.9% 60.1% 57.5% Property, Plant & Equipment 19.6% 17.9% 19.7% 20.9% Other Non-Current Assets 22.0% 24.2% 20.1% 21.6% Total Assets 100.0% 100.0% 100.0% 100.0% Accounts Payable 17.1% 16.9% 17.6% 16.9% Total Current Liabilities 35.5% 37.8% 35.2% 34.0% Total Long Term Liabilities 21.4% 17.2% 22.2% 24.2% Net Worth 43.1% 45.0% 42.7% 41.9% Total Assets to Sales 42.4% 44.8% 37.9% 44.0% EBITDA to Sales 6.6% 6.9% 6.3% 6.5% Hoover's Online Summary of the Freight Forwarder Industry Figure 4 "Use these rates to develop a negotiation strategy for us to use with MT Freight Forwarding so we can negotiate a flat rate per CWT for each zone for what we expect to pay." + Zone Zone Zone Zone Zone A B C D E Total Weight Shipped Last Year (000s lbs): 56,250 100,850 57,800 42,200 28,100 0 to 499.9 $2.40 $2.15 $ 2.35 $2.50 $2.75 500 to 999.9 $2.36 $2.10 $2.30 $ 2.46 $ 2.70 1,000 to 1,999.9 $2.32 $2.05 $2.25 $2.41 $2.65 Weight 2,000 to 4,999.9 $2.27 $ 2.00 $2.21 $2.37 $2.60 (lbs) + 5,000 to 10,000 to 19,999.9 20,000 to 29,999.9 30,000 9,999.9 $2.23 $ 1.97 $2.17 $2.33 $2.55 $2.20 $1.95 $2.10 $ 2.30 $2.45 $ 1.85 $1.65 $ 1.80 $ 1.55 $ 1.30 $ 1.49 $1.95 $ 1.55 $2.10 $ 1.63 ConSort Carrier Rates Figure 5 All rate information is based on cost per CWT.