Shogun sushi buys a piece of equipment for 109536 that will, Ask an Expert

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ShoGun Sushi buys a piece of equipment for $109,536 that will last for 4 years. The equipment will generate operating cash flows of $34,000 per year and will have no salvage value at the end of its life. The income tax rate is 30%. Straight line depreciation is used. What is the internal rate of return?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M969157

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