Assume a machine which has a useful life of only one year, Ask an Expert

Economics

Q. Assume a machine which has a useful life of only one year costs $2000. Assume, also, that net of such operating costs as power, taxes and so forth, additional revenue from output of this machine is expected to be $2300. What is rate of return on this machine?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9307446

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