This topic contains a solution. Click here to go to the answer

Author Question: James Bruce is the CEO of Bruce Industries. James is interested in purchasing new pollution ... (Read 3159 times)

blinding37

  • Full Member
  • ***
  • Posts: 148
James Bruce is the CEO of Bruce Industries. James is interested in purchasing new pollution abatement equipment because the current equipment is outdated and not efficient.  The controller of the company has identified equipment that costs $104,110 and will provide annual cash operating inflows of $28,290 for 5 years. The equipment currently being used is 3 years old and could be sold for $2,130.  What is the equipment's internal rate of return?

Type of Cash FlowPeriodsInterest RateFactor
PV ordinary annuity56%4.2124
PV ordinary annuity58%3.9927
PV ordinary annuity510%3.7907
PV ordinary annuity512%3.6048
PV ordinary annuity515%3.3522

◦ 15%
◦ 12%
◦ 8%
◦ 10%


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by blinding37 on Feb 5, 2023

Nutellas_Good

  • Full Member
  • ***
  • Posts: 156
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.
Answer Preview
Only 30% of students answer this correctly




blinding37

  • Member
  • Posts: 148
Reply 2 on: Feb 5, 2023
YES! Correct, THANKS for helping me on my review


kalskdjl1212

  • Member
  • Posts: 353
Reply 3 on: Yesterday
Excellent

 

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

For a complete list of videos, visit our video library