Calculate the annual rate of return on the project. =================================================== ACC 560 Week 8 Quiz 6( Chapter 11)
Pierre ' s Hair Salon is considering opening a new location in French Lick, California. The cost of building a new salon is $ 300,000. A new salon will normally generate annual revenues of $ 70,000, with annual expenses( including depreciation) of $ 41,500. At the end of 15 years the salon will have a salvage value of $ 80,000.
Instructions
Calculate the annual rate of return on the project. =================================================== ACC 560 Week 8 Quiz 6( Chapter 11)
FOR MORE CLASSES VISIT www. acc560mart. com
ACC 560 Week 8 Quiz 6( Chapter 11) Question 1
If actual direct materials costs are greater than standard direct materials costs, it means that
Question 2