Wayne Company is considering a long-term investment project cll useful life of 4 years and no salvage value. Annual cash inflows would increase by $85,300, and annual cash outflows would increase by $47,300. The company's required rate of return is 12%. Click here to view PV table. Calculate the internal rate of return on this project. (Round answers to 0 decimal places, eg. 15%) % and %. Internal rate of return on this project is between Determine whether this project should be accepted? The project should be accepted.
Wayne Company is considering a long-term investment project cll useful life of 4 years and no salvage value. Annual cash inflows would increase by $85,300, and annual cash outflows would increase by $47,300. The company's required rate of return is 12%. Click here to view PV table. Calculate the internal rate of return on this project. (Round answers to 0 decimal places, eg. 15%) % and %. Internal rate of return on this project is between Determine whether this project should be accepted? The project should be accepted.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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