Levels Tought:
University
Teaching Since: | Apr 2017 |
Last Sign in: | 344 Weeks Ago, 2 Days Ago |
Questions Answered: | 9562 |
Tutorials Posted: | 9559 |
bachelor in business administration
Polytechnic State University Sanluis
Jan-2006 - Nov-2010
CPA
Polytechnic State University
Jan-2012 - Nov-2016
Professor
Harvard Square Academy (HS2)
Mar-2012 - Present
Wallowa Company is considering a long-term investment project called ZIP. ZIP will require an investment of $120,000. It will have a useful life of 4 years and no sal- vage value. Annual revenues would increase by $80,000, and annual expenses (excluding depreciation) would increase by $40,000. Wallowa uses the straight-line method to com- pute depreciation expense. The company’s required rate of return is 12%. Compute the annual rate of return.
-----------