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The Huntzberger Publishing Corporation is contemplating the acquisition of a state-of-the-art ting press the fo r mations The cost of the printing press is $180,000

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The Huntzberger Publishing Corporation is contemplating the acquisition of a state-of-the-art ting press the fo r mations The cost of the printing press is $180,000 The anticipated revenue from the printing press is $120.000 per year. The useful life of the car wash is 12 years. Annual operating costs are expected to be Salaries 540.000 Utilities 10,000 Power usage 4,600 Supplies 6.400 Repairs/maintenance 12.000 The firm uses straight-line depreciation The salvage value for the car wash is zero The company's cutoff points are as follows: Payback 4 years Internal rate of return Ignore income taxes o n Shound the project be accepted based on this? B. Compute internal rate of return for the printing pressc Select one or more 16 16.24%, no d 16%, no

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