Fuller Livestock is considering a new inventory management system that will provide the cash flows listed below:
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Question:
Fuller Livestock is considering a new inventory management system that will provide the cash flows listed below:
Year | 0 | 1 | 2 | 3 | 4 | 5 |
Cash flows | -$6,250 | $2,000 | $2,025 | $2,050 | $2,075 | $2,100 |
What is the IRR for this new inventory management system?
a. | 18.18% | |
b. | 14.40% | |
c. | 18.94% | |
d. | 23.11% | |
e. | 17.62% |
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date: