Question: Name: ACCT 2020 Chapter 14 Learning Case Option A: Bennick Builders is considering an investment of $667,000. The investment is expected to increase revenue by
Option A: Bennick Builders is considering an investment of $667,000. The investment is expected to increase revenue by $230,000 annually for 5 years and have zero salvage value. Assume the cost of capital is 14%. Required: For Option A 1) What is the Payback Period 2) What is the Internal Rate of Return 3) What is the Net Present Value 4) What is the Simple Rate of Return
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