Question
Hi please help me to answer this. A new machine will require an initial investment of $25,000 but it will save the compan 5,000 every
Hi please help me to answer this.
A new machine will require an initial investment of $25,000 but it will save the compan 5,000 every year for the next 5 years, after which the machine could still be sold at 5000. if the required rate of return is at least 8%, would you recommend the investment? What would be the IRR and the simple payback period for the investment?
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Cost Management Strategies For Business Decisions
Authors: Ronald Hilton, Michael Maher, Frank Selto
3rd Edition
0072830085, 978-0072830088
