Question
Fuller Livestock is considering a new inventory management system that will provide the cash flows listed below: Year 0 1 2 3 4 5 Cash
Fuller Livestock is considering a new inventory management system that will provide the cash flows listed below:
Year | 0 | 1 | 2 | 3 | 4 | 5 |
Cash flows | -$6,250 | $2,000 | $2,025 | $2,050 | $2,075 | $2,100 |
What is the IRR for this new inventory management system?
| a. | 18.18% | |
| b. | 14.40% | |
| c. | 18.94% | |
| d. | 23.11% | |
| e. | 17.62% |
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
