Question
X Company is considering buying a new machine that will cost $145,500 and that will generate annual cash inflows of $24,242 for 7 years. If
X Company is considering buying a new machine that will cost $145,500 and that will generate annual cash inflows of $24,242 for 7 years.
If the company buys the new machine, what is the internal rate of return?
| A: 0.03 | B: 0.04 | C: 0.05 | D: 0.06 | E: 0.07 | F: 0.08 |
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Food And Beverage Cost Control
Authors: Lea R. Dopson, David K. Hayes
5th Edition
0470251395, 978-0470251393
