What rate of return did the company make on this product

Reference no: EM132194311

Question - Swagelok Enterprises is a manufacturer of miniature fittings and valves. Over a 5-year period, the costs associated with one product line were as follows: first cost of $22,000, and annual costs of $18,000. Annual revenue was $26,000 and the used equipment was salvaged for $7,000.

What rate of return did the company make on this product?

Reference no: EM132194311

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