Question
A company projects an increase in net income of $30,000 each year for the next five years if it invests $300,000 in new equipment. The
A company projects an increase in net income of $30,000 each year for the next five years if it invests $300,000 in new equipment. The equipment has a five-year life and an estimated salvage value of $100,000. What is the annual rate of return on this investment?
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| a) 15% |
|
| b) 20% |
|
| c) 10% |
|
| d) 25% |
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OECD Public Governance Reviews Brazils Supreme Audit Institution The Audit Of The Consolidated Year End Government Report
Authors: Oecd
1st Edition
9264188088, 978-9264188082
