A small entrepreneur invested a capital of ₱ 80,000 for a buy and sell business. He estimated to have a gross income of ₱ 25,000 annually and an operating cost of ₱ 6,000 annually. It is assumed the business to have a life of 10 years. If the rate of interest is 12%. Compute the benefit cost ratio
A small entrepreneur invested a capital of ₱ 80,000 for a buy and sell business. He estimated to have a gross income of ₱ 25,000 annually and an operating cost of ₱ 6,000 annually. It is assumed the business to have a life of 10 years. If the rate of interest is 12%. Compute the benefit cost ratio
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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A small entrepreneur invested a capital of ₱ 80,000 for a buy and sell business. He estimated to have a gross income of ₱ 25,000 annually and an operating cost of ₱ 6,000 annually. It is assumed the business
to have a life of 10 years. If the rate of interest is 12%. Compute the benefit cost ratio
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