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Determine the rate of return per year for the cash flow shown below Year 1 2 3 4 Cash Flow $ 80000 9000 40000 70000 6 7 Val-lok Industries manufactures miniature fittings and

 Determine the rate of return per year for the cash flow shown below.

 

Year

1

2

3

4

Cash Flow, $

-80,000

-9000

40,000

70,000

6.7    Val-lok Industries manufactures miniature fittings and valves. Over a 5-year period, the costs associ- ated with one product line were as follows: initial investment cost of $24,000 and annual costs of

$17,000. Annual revenue was $27,000. What rate of return did the company make on this product?

May 12 2020 View more View Less

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