Question: Using the numbers below, what is the IRR? Show work to producing answer. Sales: $60 x 1500 Labor: $15 Material: $5 Rent: $15,000 Utilities: $5,000
Using the numbers below, what is the IRR? Show work to producing answer.
Sales: $60 x 1500
Labor: $15
Material: $5
Rent: $15,000
Utilities: $5,000
Equipment: $75,000 SL/5 years, no salvage value
Tax rate: 30%
Discount rate: 15%
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