What rate of return did the company make on the investment

Reference no: EM13246418

Danson Iron Works, Inc. manufactures angular contact ball bearings for pumps that operate in harsh environments. If the company invested $2.4 million in a process that resulted in profits of $760,000 per year for 5 years, what rate of return did the company make on its investment?

Reference no: EM13246418

Questions Cloud

Determine the hight of the tower : An iron tower in is 340 meters tall on a cold day (=-8l4 degrees Celsius). What is the hight of the tower on a hot day whe the tempeture is 32.4 degrees Celsius

Determine how large was the each deposit : Two equal deposits made 20 and 21 years ago, respectively, willallow a retiree to withdraw $10,000 now and $10,000 per year for 14more years. If the account earned interest at 10% per year,how large was each deposit

Explain a compound breaks apart into its elements : Identify the type of reaction for each of the following as combination, decomposition, single replacement, double replacement, or combustion: a) a compound breaks apart into its elements

Depict the localized electron orbital model : Acetylene (C2H2) can be produced from the reaction of calcium carbide (CaC2) with water. Draw the localized electron orbital model (hybridized orbital model) for the acetylide anion (C22-), showing and lone pair electron orbital.

What rate of return did the company make on the investment : Danson Iron Works, Inc. manufactures angular contact ball bearings for pumps that operate in harsh environments. If the company invested $2.4 million in a process that resulted in profits of $760,000 per year for 5 years

Calculation the pressure inside the submarine : A Submarine dives to a depth of 312 feet in the ocean, What is the fource (in pounds) acting on a hatch that has an area of 4.7 square feet

How much must be saved each year to recover the investment : Atlantic Metals and Plastic uses austenitic nickel-chromium alloys to manufacture resistance heating wire. The company is considering a new annealing-drawing process to reduce costs.

Define the first steps in the radioactive decay of 257 uuh : The first steps in the radioactive decay of 257 Uuh involves the rapid and successive emission of 2 alpha particles. [Note: Uuh is the symbol for ununhexium, which is element number 116.]

How many hours will a person allocate to leisure activities : Tom earns $15 per hour for up to 40 hours of workeach week. He is paid $30 per hour for every hour in excess of 40.Tom faces a 20% tax rate and pays $4 per hour in child careexpenses for each hour he works.

User Account

All Pages