has gathered the following data on a proposed investment project (Ignore income taxes.) : Investment required in equipment $ 36,500 Annual cash inflows $ 8,600 Salvage value of equipment $ 0 Life of the investment 15 years Required rate of return 10 % The company uses straight-line depreciation on all equipment. Assume cash flows occur uniformly throughout a year except for the initial investment. The simple rate of return for the investment (rounded to the nearest tenth of a percent) is:
+5
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “has gathered the following data on a proposed investment project (Ignore income taxes.) : Investment required in equipment $ 36,500 Annual ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Home » Business » has gathered the following data on a proposed investment project (Ignore income taxes.) : Investment required in equipment $ 36,500 Annual cash inflows $ 8,600 Salvage value of equipment $ 0 Life of the investment 15 years Required rate of return 10