Lisun Company produces a variety of gardening tools and aids Lisun Company produces a variety of…

Lisun Company produces a variety of gardening tools and aids
Lisun Company produces a variety of gardening tools and aids. The company is examining the possibility of investing in a new production system that will reduce the costs of the current system. The new system will require a cash investment of $4,607,200 and will produce net cash savings of $800,000 per year. The system has a projected life of 9 years.

Required:

Calculate the IRR for the new production system.

Lisun Company produces a variety of gardening tools and aids

"Is this question part of your assignment? We can help"

ORDER NOW

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *