Question
Alphabet Inc. invests $1 billion in a project that generates annual profits of $150 million. The project's useful life is 10 years, and there is
Alphabet Inc. invests $1 billion in a project that generates annual profits of $150 million. The project's useful life is 10 years, and there is no salvage value.
Required:
- Calculate the average annual ROI for Alphabet Inc.
- Determine the payback period for the investment.
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Managerial Accounting
Authors: John Wild, Ken Shaw
5th edition
978-1259176494, 1259176495, 978-1259347641, 1259347648, 978-0078025600
