All boats with motors over 50 horsepower and all personal watercraft must have a minimum of $50,000 liability insurance before operating on the waters of Arkansas. Proof of insurance is required in order to register a boat or renew a registration. Boat liveri...

Retail margin is the difference between your books wholesale price and your books retail price. For example, a book with a cover price of $10 and a wholesale price of $5 has a 50% retail margin. This is the profit enjoyed by the retailer. Wholesale price is the cost of your book to a retailer. To use the same rudimentary example, a book with a cover price of $10 and a retail margin of 50% will be sold to a retailer for $5 wholesale price. Retail price is the same as cover price or selling price or list price.