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Stolb23 [73]
3 years ago
6

Kanye Company is evaluating the purchase of a rebuilt spot-welding machine to be used in the manufacture of a new product. The m

achine will cost $165,000, has an estimated useful life of 7 years, a salvage value of zero, and will increase net annual cash flows by $31,692. Click here to view PV table. What is its approximate internal rate of return? (Round answer to O decimal place, e.g. 13%.) Internal rate of return %
Business
1 answer:
nevsk [136]3 years ago
6 0

Answer:

8%

Explanation:

The internal rate of return is the discount rate that equates the after tax cash flows from an investment to the amount invested.

The IRR can be calculated using a financial calculator.

Cash flow in year zero = $-165,000

Cash flow each year from year one to seven = $31,692

IRR = 8%

To find the IRR using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the IRR button and then press the compute button.

I hope my answer helps you

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d. account This answer is correct

Explanation:

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The recording of the increase in the specific asset, liability, revenue, expense, etc is called as an account

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Elena-2011 [213]

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geniusboy [140]

Answer:

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alexgriva [62]

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So here according to the given situation,  Jim's allowance of Clara to display the proposal for criticism is called as the Devil's advocacy.

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