An investment in Machinery will yield annual cash earnings of P 12,000. The investment can be recovered in 4 years. the life is 10 years. How much is the annual net income of the investment? P 7,200 P 12,000 P 16,800 P 19,200
An investment in Machinery will yield annual cash earnings of P 12,000. The investment can be recovered in 4 years. the life is 10 years. How much is the annual net income of the investment? P 7,200 P 12,000 P 16,800 P 19,200
Chapter5: The Time Value Of Money
Section: Chapter Questions
Problem 27P
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Question
An investment in Machinery will yield annual cash earnings of P 12,000. The investment can be recovered in 4 years. the life is 10 years.
How much is the annual net income of the investment?
P 7,200
P 12,000
P 16,800
P 19,200
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