Special Ice Limited produces sachet water. Over a 5 year period, the costs associated with one product
Fantastic news! We've Found the answer you've been seeking!
Question:
Special Ice Limited produces sachet water. Over a 5 year period, the costs associated with one product line were as follows: initial investment cost of $24000 and annual costs of $17000. Annual revenue was $27,000. What rate of return (i.e. IRR) did the company make on this product?
Posted Date: