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Author Question: Press Smart's pressing machine sells for $185,556. At this price, the annual cost savings that the ... (Read 41 times)

jmoore1989

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on: Feb 5, 2023
Press Smart's pressing machine sells for $185,556. At this price, the annual cost savings that the pressing machine will generate for Rob's Dry Cleaner over its 8-year life will yield an internal rate of return of 12%.  Rob's Dry Cleaner requires that all projects achieve a return of 15%.  

Required:

What price does Rob's Dry Cleaner need to negotiate with Press Smart so that the system will achieve that return?
Managerial Accounting ¦ Davis ¦ 4th Edition
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Marked as best answer by jmoore1989 on Feb 5, 2023

koung719

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Reply #1 on: Feb 5, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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jmoore1989

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Reply 2 on: Feb 5, 2023
Wow, this really help

irishcancer18

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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