An entrepreneur would like to buy a piece of equipment for his business. The equipment cost
$50,000 and will increase cash flow by $20,000 each year for 5 years. What is his IRR?
A) 28.65% B) 25.55% C) 40.00% D) 2.50%
A
Business
You might also like to view...
The conference method of training office employees is effective for helping them develop
A. Technical skills. B. Decision-making skills. C. Human relations skills. D. Communication skills.
Business
The cost of producing one additional unit of a product is called ________
A) Cost of goods sold B) Cost of materials C) Cost of services sold D) Cost of utilities E) Cost of lease
Business