How much could BTU Oil & Gas Fracking afford to spend on new equipment each year for
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How much could BTU Oil & Gas Fracking afford to spend on new equipment each year for the next 3 years if it expects a profit of $50 million 3 years from now? Assume the company’s MARR is 20% per year.
MARRMinimum Acceptable Rate of Return (MARR), or hurdle rate is the minimum rate of return on a project a manager or company is willing to accept before starting a project, given its risk and the opportunity cost of forgoing other...
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