The Crawford Company is pondering an investment in a machine that costs $350,000
ID: 2504999 • Letter: T
Question
The Crawford Company is pondering an investment in a machine that costs $350,000, that will have a useful life of eight years, and that will have a salvage value of $25,000. If this machine is purchased, a similar, old machine will be sold at a salvage value of $40,000. The anticipated yearly revenues and expenses associated with the new machine are: (Ignore income taxes.)
references
46.
value:
2.00 points
MC Qu. 116 The simple rate of return, to the nearest te...
The simple rate of return, to the nearest tenth of a percent, of this investment is:
[The following information applies to the questions displayed below.]The Crawford Company is pondering an investment in a machine that costs $350,000, that will have a useful life of eight years, and that will have a salvage value of $25,000. If this machine is purchased, a similar, old machine will be sold at a salvage value of $40,000. The anticipated yearly revenues and expenses associated with the new machine are: (Ignore income taxes.)
Explanation / Answer
The ANSWER is : 18.2%
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