Swagelok Enterprises is a manufacturer of miniature fittings and valves. Over a 5- period, the costs associated with one product line were as follows: first cost of $30,000 and annual costs of $18,000. Annual revenue was $27,000, and the used equipment was salvaged For $4,000. What rate of return did the company make on this product? year

Swagelok Enterprises is a manufacturer of miniature fittings and valves. Over a 5- period, the costs associated with one product line were as follows: first cost of $30,000 and annual costs of $18,000. Annual revenue was $27,000, and the used equipment was salvaged For $4,000. What rate of return did the company make on this product? year

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter9: Capital Budgeting And Cash Flow Analysis

Section: Chapter Questions

Problem 2P

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