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what is Calculation of Gross Profit Or Gross Loss?
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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
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