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Required information A potential investment has a cost of $410,000 and a useful life of 5 years. Annual cash sales from the investment are expected
Required information A potential investment has a cost of $410,000 and a useful life of 5 years. Annual cash sales from the investment are expected to be $279,428 and annual cash operating expenses are expected to be $110,078. The expected salvage value at the end of the investment's life is $40,000. The company has a before-tax discount rate of 16%. equired: alculate the following. (Round dollar amounts to the nearest whole dollar and IRR to one decimal place (i.e. .055=5.5% ). Enter egative amounts with a minus sign.)
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