Chapter 14) Saved Help Save & Exit Assume the following information for a capital budgeting proposal with a five-year time horizon $580,000 Initial investment: Cost of equipment (zero salvage value) Annual revenues and costs: Sales revenues Variable expenses Depreciation expense Fixed out-of-pocket costs 40:02 $300,000 $130,000 $ 50,000 $ 40,000 Click here to view Exhibit 148.1 and Exhibit 148-2 to determine the appropriate discount factor(s) using the tables provided This proposal's Internal rate of return is closest to Multiple Choice DRAM Next >