Internal Rate of Return The manager of Soft & Creamy Ice Cream is thinking of buying a

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Internal Rate of Return The manager of Soft & Creamy Ice Cream is thinking of buying a new soft ice cream machine. The machine will cost $13,500 and will last 10 years. Soft ice cream sales are expected to generate $3,000 in income per year.

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What is the internal rate of return on this project?

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Accounting Concepts And Applications

ISBN: 9780324376159

10th Edition

Authors: W. Steve Albrecht, James D. Stice, Earl K. Stice, Monte R. Swain

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