E10-6 Mane Event is considering opening a new
hair salon in Pompador, California. The cost of building a new salon is
$300,00. A new salon will normally generate annual revenues of $70,000, with
annual expenses(including depreciation) of $40,000. At the end of 15 years the
salon will have a salvage value of $75,000.
Instruction
Calculate the annual rate of return on the project.
Instruction
Calculate the annual rate of return on the project.
File name: Mane-Event-is-considering.doc File type: application/msword Price: $4
