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Home Q & A Board Other Fields Homework Help Business Accounting
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jerico jerico
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Posts: 4603
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9 years ago
Soda Manufacturing Company provides vending machines for soft-drink manufacturers. The company has been investigating a new piece of machinery for its production department. The old equipment has a remaining life of four years and the new equipment has a value of $91,110 with a four-year life. The expected additional cash inflows are $30,000 per year. What is the internal rate of return?
A) 12%
B) 16%
C) 10%
D) 8%
Textbook 
Cost Accounting

Cost Accounting


Edition: 14th
Authors:
Read 364 times
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wrote...
#1
9 years ago
A) 12%
jerico Author
wrote...
#2
9 years ago
Very happy to know people like you still exist. Really, without your help, I wouldn't understand the content one bit.
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