Question: ACYMANS has just made a presentation to a potential customer in which he used the following information: Cost of equipment P55,750 IRR 16% Annual cash
ACYMANS has just made a presentation to a potential customer in which he used the following information: Cost of equipment P55,750 IRR 16% Annual cash inflows P10,000 ACYMANS neglected however to tell his customer how long the equipment would last. What length of equipment life did ACYMANS assume? Group of answer choices 10 years 12.5 years Cannot be determined due to lack of information. 15 years
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