In a gaming room of a high-traffic video arcade wishes to determine the return on its video machine. The machine was purchased 1 year ago for P20,000 and currently has a market value of P21,500. During the year, it generated P800 of after-tax cash receipts. Calculate the annual rate of return, k, for the video machine. (Round off the final answer to one decimal place. Example of writing your answer 2.5%)
In a gaming room of a high-traffic video arcade wishes to determine the return on its video machine. The machine was purchased 1 year ago for P20,000 and currently has a market value of P21,500. During the year, it generated P800 of after-tax cash receipts. Calculate the annual rate of return, k, for the video machine. (Round off the final answer to one decimal place. Example of writing your answer 2.5%)
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 10PA: The Ham and Egg Restaurant is considering an investment in a new oven that has a cost of $60,000,...
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In a gaming room of a high-traffic video arcade wishes to determine the return on its video machine. The machine was purchased 1 year ago for P20,000 and currently has a market value of P21,500. During the year, it generated P800 of after-tax cash receipts. Calculate the annual
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