Question
2. A project is estimated to provide total income of $1,485,000 M over 9 years. The cost of the project is $490,000 and has a
2. A project is estimated to provide total income of $1,485,000 M over 9 years. The cost of the project is $490,000 and has a residual value of $85,000. What is the Average Rate of Return (rounded to 1 decimal place)?
A) 54.2%
B) 33.0%
C) 67.3%
D) 57.4%
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Internal Audit Handbook Management With The SAP Audit Roadmap
Authors: Henning Kagermann, William Kinney, Karlheinz Küting, Claus-Peter Weber, Z. Keil, C. Boecker, J. Busch, O. Bussiek, M. H. Christ, P. Eckes, M. Falk, P. S. Greenberg, B. Reichert, M. Wolf
2008th Edition
3642430392, 978-3642430398
