Golab Roofing Is Considering the Purchase of a Crane That

question 239

Multiple Choice

Golab Roofing is considering the purchase of a crane that would cost $69,846, would have a useful life of 6 years, and would have no salvage value. The use of the crane would result in labor savings of $21,000 per year. The internal rate of return on the investment in the crane is closest to (Ignore income taxes.) :Click here to view Exhibit 14B-1 and Exhibit 14B-2, to determine the appropriate discount factor(s) using the tables provided.

• A) 18%
• B) 20%
• C) 19%
• D) 17%

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Definitions:

Core Self-Evaluation

A personality trait concept that reflects fundamental assessments individuals make about their self-worth and capabilities.

Self-Appraisal

The process through which an individual evaluates their own work performance, achievements, and areas for improvement.

Conditioning Process

The conditioning process is a method of behavioral training in which a response becomes more frequent or predictable due to reinforcement with a stimulus.

Shaping

A method of teaching or training in which successive approximations towards a desired behavior are rewarded.