ABC Co. is considering an investment with a cost of $55,000.
Annual cash savings of $100,000, Present Value at %12 (ABC's
discount rate) of $56,502, are expected for the next 10 years.
What can we conclude?
1. ABC Co. should make the investment
2. The investment offers a 12 percent rate of return
what is the meaning of preliminary expenses and how you shown in balance sheet
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