Question

Willert Excavating Services has invested in certain equipment that cost the company $247,760. The equipment is expected to generate cash inflows of $40,000 each year.
Required:
How many years will the equipment have to be used in order to provide the company with a 12% return on its investment?


$1.99
Sales1
Views107
Comments0
  • CreatedJuly 08, 2015
  • Files Included
Post your question
5000