Question
Gardner Denver Company is considering the purchase of a new piece of factory equipment that will cost $339,405 and will generate $85,000 per year
Gardner Denver Company is considering the purchase of a new piece of factory equipment that will cost $339,405 and will generate $85,000 per year for 5 years. Calculate the IRR for this piece of equipment. (Click here to see present value and future value tables) %
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Fundamentals of Cost Accounting
Authors: William Lanen, Shannon Anderson, Michael Maher
3rd Edition
978-0077398194
