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Brief Exercise 26-7 xYour answer is incorrect. Try again Kanye Company is evaluating the purchase of a rebuilt spot-welding machine to be used in the
Brief Exercise 26-7 xYour answer is incorrect. Try again Kanye Company is evaluating the purchase of a rebuilt spot-welding machine to be used in the manufacture of a new product. The machine will cost $174,000, has an estimated useful life of 7 years, a salvage value of zero, and will increase net annual cash flows by $35,741.Click here to view PV table. What is its approximateal rate of return?(Round answer to O decimal place, e.g. 125.) Internal rate of
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