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Question 3 2.5 pts A company buys a machine for $60,000 that has an expected life of 9 years and no salvage value. The company
Question 3 2.5 pts A company buys a machine for $60,000 that has an expected life of 9 years and no salvage value. The company anticipates yearly cash flows of $11,810. What is the accounting rate of return? You should round your answer to 4 decimal places. For example, put your answer of 13.45% as.1345. 0.1714 Question 4 2.5 pts Tressor Company is considering a 5-year project. the company plans to invest $90,000 now and forecasts cash flows of $25,000. The company requires investments yield a discount rate of at least 10%. What is the internal rate of return? about 4% about 10% o about 12% about 5.5%
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