Question
A small restaurant costs $350,000 Expected profits equal $22,000/year for 6 years when value is $400,000. What is projects rate of return?
A small restaurant costs $350,000 Expected profits equal $22,000/year for 6 years when value is $400,000.
What is project’s rate of return?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
To calculate the projects rate of return we need to consider two key factors 1 Cash flows Initial in...
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Step: 2
Step: 3
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Cost Benefit Analysis Concepts and Practice
Authors: Anthony Boardman, David Greenberg, Aidan Vining, David Weimer
4th edition
137002696, 978-1108448284, 1108448283, 978-0137002696
