Question
Hello, Im am confused on how to go about this problem and what formula to use a company is considering a project which costs $123,900
Hello,
Im am confused on how to go about this problem and what formula to use
a company is considering a project which costs $123,900 to undertake.The project will yield cash flows of $4894.35 monthly for 30 months.What is the rate of return on this project?
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Managerial Accounting
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
12th Edition
978-0073526706, 9780073526706
