Johan is considering purchasing new equipment for his business, but he is unsure if it's the best
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Johan is considering purchasing new equipment for his business, but he is unsure if it's the best use of company funds at this point in time. With the new $200,000 equipment, Johan will be able to take on a new order that will pay $30,000, $50,000, $70,000, and $80,000 in revenue. Calculate Johan's minimum rate (IRR).
Related Book For
Financial Accounting and Reporting a Global Perspective
ISBN: 978-1408076866
4th edition
Authors: Michel Lebas, Herve Stolowy, Yuan Ding
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