HDchip Co. is considering a purchase of new equipment at a price of $204.428 with useful...
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HDchip Co. is considering a purchase of new equipment at a price of $204.428 with useful life of 7 years and salvage value of $149,985. This investment will allow to increase annual cash flow by $89,157 per year. What is the accounting rate of return of this equipment? Instructions: submit the per cent value. For example, if the rate of return is 10.3%, submit 10. HDchip Co. is considering a purchase of new equipment at a price of $204.428 with useful life of 7 years and salvage value of $149,985. This investment will allow to increase annual cash flow by $89,157 per year. What is the accounting rate of return of this equipment? Instructions: submit the per cent value. For example, if the rate of return is 10.3%, submit 10.
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Related Book For
Fundamentals of Financial Management
ISBN: 978-0324597707
12th edition
Authors: Eugene F. Brigham, Joel F. Houston
Posted Date:
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