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A clothing business is looking to get into the sustainable fashion sector of the industry. They would like to invest in a new facility dedicated

A clothing business is looking to get into the sustainable fashion sector of the industry. They would like to invest in a new facility dedicated to this. Below are their expected costs for the new facility. What is the rate of return of this investment? (NOTE: List % number, so a 20% Return = 20)

Initial Cost of Facility - $45,000,000.00

Initial Annual Sales - %18,000,000.00

Increase in Sales (annually) - 5.20%

Annual Operating Cost - $12,000,000.00

Annual Maintenance Cost - $5,000,000.00

Decrease in Maintenance Cost (annually) - 2%

Project Timeline - 7 years

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