Business, 07.11.2019 22:31 maddied2443

The management of elamin corporation is considering the purchase of a machine that would cost $365,695 and would have a useful life of 9 years. the machine would have no salvage value. the machine would reduce labor and other operating costs by $61,000 per year. the internal rate of return on the investment in the new machine is closest to (ignore income taxes.): click here to view exhibit 7b-1 and exhibit 7b-2, to determine the appropriate discount factor(s) using the tables provided. multiple choice 9% 11% 12% 10%

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