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Paragraph Format: Ford Motor Company is analyzing its investment in self-driving vehicle technology. The company invested $400 million in autonomous vehicle research and development
- Paragraph Format: Ford Motor Company is analyzing its investment in self-driving vehicle technology. The company invested $400 million in autonomous vehicle research and development and expects annual cost savings of $100 million for the next five years. Calculate the return on investment (ROI) for the self-driving vehicle technology investment and discuss the significance of the ROI results in assessing Ford's innovation capabilities and future growth prospects.
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Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
25th edition
978-1285069609, 1285069609, 978-1133607601
